Industry report
2018 Thomson Reuters Corporate Legal Department Efficiency Report
Looking to gauge ongoing efforts to improve efficiency and productivity across corporate in-house legal teams, Thomson Reuters conducted a survey of 462 attorneys and decision makers working in corporate legal departments nationwide. The 2018 survey is third in a series of Thomson Reuters Corporate Legal Department Efficiency Reports, intended to identify and track trends in managing internal and external resources as well as adapting to business growth and needs.
This year’s survey uncovered developing trends shaping how departments are driving efficiencies and maximizing stagnating resources despite increased demands on their time. One such trend just emerging during the last survey shows general counsel are increasingly expected to serve as business advisors in addition to providing legal advice; their expanded role means general counsel are more involved across the organization, with particular emphasis placed on board of director and leadership guidance and advising, alongside expanded business duties.
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