Big Company Insiders See Technology-Related Disputes Teed Up for 2025
Concerns over cybersecurity, data privacy and artificial intelligence abound in Baker McKenzie's annual survey of 600 senior legal and risk professionals from companies with more than $500 million in revenue.
January 08, 2025 at 08:30 AM
5 minute read
Where there’s change, there’s risk. And technology is driving much of the change facing in-house lawyers and risk management teams at large companies.
Baker McKenzie again this year asked senior legal and risk professionals at companies with more than $500 million in revenue about the sorts of disputes they expect to see in the coming year. More than 600 professionals based in Brazil, Hong Kong, Germany, the UK, the U.S. and Singapore responded this year as part of the firm’s eighth annual global disputes forecast. They cited two technology-related topics—cybersecurity/data privacy and artificial intelligence—as the greatest sources of risk for their companies. Cybersecurity and data privacy were cited by 45% of respondents, with artificial intelligence coming in just a tick behind—cited by 44% of respondents. Those two areas significantly outpaced the next-highest risk drivers: employment (cited by 32% of respondents), commercial and contract (cited by 25%) and tax (cited by 25%).
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