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Tag Archives: GCs

5 Best Practices for Corporate Legal amid Globalization

5 Best Practices for Corporate Legal amid Globalization

Nearly 90 percent of companies are moving into new global territories, as we speak, according to Head of Legal Operations and Chief of Staff at Uber, Susan R. Packal. She expressed her ideas in a contributed piece for the ACC Docket, which was syndicated on the Hyperion Research website. In other words, corporate globalization is officially booming. “The evidence for ... Read More »

10 Useful Corporate Legal Blog Posts

How Corporate Legal Can Predict a $1.3b Budget within $80k

Editor’s Note:  The original content published here has been removed and in place we offer you the following which proved popular with corporate legal and legal operations professionals.   1. Study Suggests 4 Corporate Legal Trends on the Rise Most legal departments are in the 3rd or 4th level along the legal operations maturity model.   It’s the “beginning of the middle” as D. Casey ... Read More »

Legal Ops Grows; CLOs Strive “See Around Corners,” says Survey

Legal Ops Grows; CLOs Strive “See Around Corners” says Survey

Corporate legal departments will experience healthy growth this year, according to the latest findings from the Association of Corporate Counsel’s (ACC) Annual CLO Study. The survey finds legal operations roles are in high demand and broadly, CLOs plan to invest more money in-house, than in previous years. Last week we wrote about how the survey relates to current corporate legal ... Read More »

Study Suggests 4 Corporate Legal Trends on the Rise

Study Suggests 4 Corporate Legal Trends on the Rise

The ACC Chief Legal Officers (CLO) 2016 Survey suggests internal corporate legal spend now surpasses outside legal spend. According to the study, CLOs reported 53 percent of their budget is now dedicated to internal spending, while just 47 percent is allocated to outside counsel. Issues of compliance and ethics were named among top concerns with regulatory requirements and data breaches ... Read More »

Stats, Facts and Comments from 7 Corporate Legal Studies

Briefing Stats Facts and Comments from 7 Corporate Legal Studies

Cliff notes, summaries and neatly organized reports are all part of the close watch the Business of Law Blog keeps on legal industry studies. Today’s roundup focuses on those studies and survey stemming from inside counsel – and cuts the list of studies to review from 17 to 10.  As always we strive to link to the underlying source as ... Read More »

Inside Counsel Salaries Brighten as Skillsets Widen

Inside Counsel Salaries Brighten as Skillsets Widen

A handful of recent surveys indicate that in-house compensation is rising even as businesses expect more from corporate lawyers – both in terms of workload and skillsets. “An in-house attorney with 10 or more years’ experience working at a large company (with $250 million in revenue or more) can expect to take in 3.4 percent more in 2016 than in ... Read More »

Legal Spend Trends:  Big Law Billing Rates Rising

Legal Spend Trends Big Law Rates Rising-header

A new legal spending trends report finds big law billing rates grew notably – pushing a 6% increase in the gap between the top two tiers of law firms, by attorney headcount, from 38% to 44%. Median partner rates at the “Largest 50” law firms – those with more than 750 lawyers – rose to $711 per hour, based on ... Read More »

How to put Mojo in Law Department Metrics

How to put Mojo in Law Department Metrics

Note:  a version of this article first appeared in the Metropolitan Corporate Counsel magazine. Is your corporate law department sometimes viewed more as a cost center than as a key contributor to the company’s operational efficiency? It’s a common situation. Turning that perception on its head requires heavy lifting on the part of general counsels and law department operations personnel. ... Read More »

A Cheat Sheet for 5 Recent Legal Industry Studies

A Cheat Sheet for 5 Recent Legal Industry Studies

The volume of digital information created everyday is eight times greater than that in all U.S. libraries.  It’s daunting to say the least and the legal industry too produces an impressive volume in the form of data, surveys and reports. Over the last few weeks, there have been a flurry of legal industry studies published, and while we haven’t gotten ... Read More »

Walmart AGC: Keys to “Insourcing” Early Case Assessment

Walmart AGC Identifies Keys to “Insourcing” Early Case Assessment

Note: The following is a guest post from Daryn Teague, who provides support to the litigation software product line within the LexisNexis software division. In the complex and costly world of litigation eDiscovery, the insource vs. outsource debate has been raging for the past decade. Does it make more sense for corporate clients to continue allowing their trusted outside counsel ... Read More »