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.”
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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.
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