More than two-thirds (68 percent) of legal departments said they are facing increasing legal work demands. This is among the findings from the fourth edition of the “Thomson Reuters Legal Tracker™ Legal Department Operations (LDO) Index Report.” The report, released in late October, looks at the qualitative and quantitative insights into the operations of corporate …
Filtered by tag:
legal departments
Visualized Benchmarking Data for Legal Departments from Thomson Reuters Tracker
Knowing how your legal department and outside counsel are performing compared with the competition can be invaluable information. Corporate legal departments can more easily compare their performance to industry benchmarks and streamline frequently-used workflows with new automation tools in the latest update of Thomson Reuters Legal Tracker™ (formerly Serengeti Tracker™), the market-leading e-billing and matter …
- March 21, 2017
- Leonard Lee
Law Department as a Profit Center: Strategies for Going from Cost Center to Revenue Generator – ACC 2016 Session
The legal department has evolved from the traditional view that it is a cost center or “the department of no.” A panel at last week’s Association of Corporate Counsel annual meeting discussed how legal departments can become stronger partners with their business clients and become a revenue generator – or even a profit center. The …
- October 24, 2016
- Jeff McCoy