Is doing more with less keeping you up at night?
The legal landscape continues to be filled with challenges impacting corporate counsels’ role as legal advisor as much as their responsibility to best manage limited resources.
In addition to practicing law, corporate legal departments must manage a budget, staff, use of technology, outside counsel spend and non-law firm legal services, such as legal process outsourcing (LPO) or alternative service providers (ASP), and do so cost-effectively.
A substantial amount of legal work has always been handled within the corporate legal department. But as departments continue to have additional cost pressures placed on them, many are exploring alternatives to obtain greater value from limited resources – bringing even more work in-house, adding additional staff, reducing outside counsel spend, implementing new technologies or seeking the services of LPOs or ASPs.
Thomson Reuters surveyed nearly 600 in-house attorneys to understand what legal departments are doing to address the challenges of improving operations. The survey results comprise a diverse pool of legal departments from across the country, and by looking at the trends from both a national and a regional perspective, consistent themes emerge across corporate legal departments.
Download any or all of the free white papers here. You can compare your region or other regions to the national results.
