Partnerblog
The changing balance of power between legal departments and law firms
Corporate legal departments are facing challenges such as decreasing budgets, increasing workloads, and pressure to provide more cost-effective legal services. In fact, 92% of organisations say they are changing the way the legal function operates and taking steps to address the most pressing challenges.
Corporate legal departments are facing challenges such as decreasing budgets, increasing workloads, and pressure to provide more cost-effective legal services. In fact, 92% of organisations say they are changing the way the legal function operates and taking steps to address the most pressing challenges.
Some of these changes include:
- Optimising external counsel management
- Shifting more work in-house
- Digitalisation of internal processes
- Reevaluating outsourcing strategies
In this infographic based on surveys conducted by EY and Wolters Kluwer, get insights on the major trends that are reshaping the in-house legal operating model, challenges faced when managing external counsel, and how corporate legal departments are strengthening their teams.
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