A report from research and advisory firm Gartner reveals that lower-cost in-house legal departments spend three times as much as higher-cost departments on alternative legal services providers and double the amount on training. Lower-cost departments also do a larger proportion of work in-house rather than rely on external law firms. The report also says lower-cost legal departments made more “sustainable savings”. Michael Mayfield, research director of Gartner’s legal and compliance practice, said: “Bringing strategic, complex work in-house can actually improve the quality of legal services because your in-house staff are more familiar with business operations.
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Providing insight into technology and innovation in the legal, accountancy property and consultancy sectors. Alternative Insights brings together news, commentary and thought leadership about digital transformation across the entire professional services industry. We collate industry stories on innovation, technology and transformation in the legal, accountancy, management and property consultancy sectors, giving you access to the latest thinking about tech and innovation in the professions.
June 30, 2020
March 26, 2020