Legal Demand Is Up — How Are Law Departments Managing?
October 30, 2013, 6:25 PM EDT
Law360, New York (October 30, 2013, 6:25 PM EDT) -- Legal demand is rising amid globalization, growing legal risks and complex regulatory and compliance requirements. According to the recently released 2013 HBR Law Department Survey, 76 percent of the companies reported that legal demand is increasing, while 23 percent noted that it is staying the same. Only 1 percent of the companies indicated a decrease.
Law departments, now more than ever, are pressured to meet the growing legal demand under tighter cost and resource constraints. The pressures are high, but law departments are rising to the...