In-house legal teams list challenges
The pressures faced by in-house legal teams have been highlighted by new research commissioned by global alternative legal services provider Konexo, a division of Eversheds Sutherland. It found that some 63% of in-house practitioners believe pressures have increased compared with a year ago, listing the main challenges as a lack of resources, cost pressures and team culture. Meanwhile 55% of in-house teams say they feel that they now play a more strategic advisory role in their organisation compared with a year ago, while 59% believe their legal team is more integrated within wider business functions. Graham Richardson, partner and head of Konexo, remarked: “There is significant scope for innovation in the industry and there is a real opportunity for in-house teams to assume a more strategic purpose in their organisations and outsource more, but not back to the traditional law firm model.”
