88% of the FTSE 100 are at risk of litigation due to their susceptibility to a number of risk factors, including a history of litigation, operating in litigation-heavy areas, and being directly consumer-facing, according to research by ZyLAB (www.zylab.co.uk), a leading provider of e-discovery and information management solutions, with almost a quarter (24%) found to be aEUR~high riskaEUR(TM) across industries including energy, travel and pharmaceutical.

The research assessed each FTSE 100 companyaEUR(TM)s vulnerability to ten key risk factors[1], a mix of industry and company-specific considerations previously known to heighten the chance of litigation, and then each company was given a score out of ten. Key drivers for assessing this risk and preparing effectively include the ability to prevent legal and accounting fees which have cost companies like Siemens AGBP850m[2] in a bid to determine whether it had violated anti-corruption regulations.

via ZYLAB: 88% of FTSE 100 Companies at Risk of Litigation, warns ZyLAB | TradingMarkets.com.