Rule 502 Not Likely To Reduce Costs For Attorneys

Law360, New York (October 14, 2009, 11:00 PM EDT) -- A new rule intended to reduce the time and cost of document review during discovery by muting the consequences for accidentally turning over privileged documents has had little impact on litigation costs, according to Fulbright & Jaworski LLP's 2009 Litigation Trends Survey.

As part of its sixth annual survey, Fulbright reported Thursday that 89 percent of respondents said that Federal Rule of Evidence 502 had resulted in no savings for their companies.

About 9 percent of respondents said that the rule had resulted in moderate or...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.