Allens: Class Action Risk 2025
AFIA Associate Member Allens has published its latest Class Action Risk 2025 which provides an update on the current indicators and drivers of class action risk, with a particular focus on how that risk was spread across a wide range of sectors in 2024.
As outlined by Allens, across 2024 there were several developments that bear upon the economics of class actions and class action risk more broadly, including a number of significant judgments that are the subject of appeals likely to be determined in 2025.
Over the year ahead, there is also the potential for a change in federal government and an associated shift in the legislative reform agenda. While there is uncertainty with these developments and how the market will react, it is clear that class action risk will not remain static across 2025.