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New report finds corporate legal departments are awash in work and concerned about costs - Business Law News

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Business Law News

Posted on: Sep 5, 2017

Corporate legal departments are busier than ever, which has led to an increase in work for in-house attorneys and outside counsel, according to a new study released Tuesday from the Thomson Reuters Legal Tracker LDO Index.

The semi-annual study, which is compiled from anonymous data from over 1,000 legal departments as well as written responses from 161 participating companies, found that 52 percent of legal departments had experienced an uptick in work during the last six months.

As for where that work went, nearly half of the responding legal departments increased their outside counsel ranks while only 28 percent hired more in-house attorneys.

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