Legal Solutions | USA
Thomson Reuters conducted a survey of 429 attorneys and operational professionals working in corporate legal departments to examine their ongoing efforts to improve efficiency and productivity across their in-house teams. Building on the 2015 Thomson Reuters Legal Department In-Sourcing and Efficiency Report, the 2016 survey continued tracking how corporate counsel professionals are managing internal and external resources to achieve greater efficiency and productivity.
This report analyzes how legal departments are adapting by keeping work in-house, particularly with certain tasks related to contracts, intellectual property, mergers and acquisitions, and litigation. It also explores how in-house leaders are implementing changes both within the department, such as using legal department operations professionals, and outside the department, such as changing how they partner with outside counsel.
Consider how valuable an extra half-hour in the workday would be. How can corporate counsel find 30 spare minutes, and once they do, how do they make the most of it?
Legal department operations (LDO) managers are quickly becoming invaluable assets for large and medium-size departments. What does the role include, and how does it benefit the organization?
As in-house teams consider how to best divide responsibilities related to contracting, intellectual property, M&A, and litigation matters, there are ways to be smart about using outside counsel.
While the legal industry may be slower to adopt change than other industries, change has come to it nonetheless.
Efficient in-house legal teams rely on Thomson Reuters Practical Law Connect.
You can influence how efficient your legal department is by experiencing firsthand how this integrated, innovative offering can save you valuable time. Practical Law Connect brings together the legal resources you need to advise, negotiate, and structure your business dealings – all from a single solution.
With Practical Law Connect you can:
Maximize your in-house team’s efficiency with Practical Law Connect.