29 August 2017

Australian corporate law depts increase productivity with tech

Australian corporate legal departments are improving productivity by investing in technology.

The research by technology company InfoTrack revealed that corporate counsel were reducing legal spend and improving performances. They are also has looking beyond the mid-tier/top-tier distinction when briefing law firms - two in three said they generally outsourced to mid-tier law firms. Four per cent preferred NewLaw firms whilst 32 per cent briefed only global and top-tier firms. Technology was also high on the agenda with 52 per cent saying technology was their main strategy for producivity. The survey, reported in Lawyers Weekly, researched 138 in-house lawyers. Source: Lawyers Weekly