
Key contacts
Sixty-second summary
- Consistent sources of disputes – delays in a project, payment issues and disagreements on the scope of work are the main sources of disputes, and this is expected to be the case for the next three years.
- Out of the loop - fewer than half the businesses surveyed reported that the in-house legal or contract management team is always consulted at the start of a project to identify areas of risk and to establish appropriate risk management strategies.
- Improvement is possible - most in-house lawyers believe their businesses could improve the way in which risk is managed during projects, for example.
- ESG risks are rising – risks around sustainability reporting requirements (54%) and local labour requirements (44%) will increase over the next year.
- AI uptake is low - despite the potential benefits, only 17% of the in-house lawyers we surveyed are using AI in disputes or contract management. Some say they will never use it.
CMS International Construction Study 2024
In this episode, Anne Thompson speaks to Adrian Bell and Rafal Morek about some of the key points coming out of the CMS International Construction Study 2024.