Portland publishes report on class actions, ESG and values-driven litigation in the UK

Article summary

Portland's 2024 Litigation and Disputes report reveals significant shifts in the UK's perception of class actions and ESG litigation. While public awareness of class actions has markedly increased, this hasn't translated into greater participation. The report notes a rise in public confidence regarding positive outcomes from class actions, despite a prevailing belief that lawyers and funders are the primary beneficiaries. Notably, there's low public awareness about eligibility for high-profile competition claims. The report also highlights that UK business leaders are acutely aware of their climate risk mitigation duties and the potential for shareholder litigation. Legal experts contribute insights on the growing threats of ESG and shareholder litigation to businesses, underscoring the evolving landscape of corporate accountability in the UK.