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Tag Archives: legal industry study

5 Tips for Women to Succeed in the Legal Tech Workforce

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A recent report found that just 30 percent of the average tech company workforce is comprised of women. By comparison, women make up 59 percent of the overall U.S. labor force and almost 51 percent of the U.S. population, according to the Census Bureau. And while comparable data is tough to come by in the legal space, it’s well known ... Read More »

Procurement to Play Bigger Role in High-End Legal Work

Procurement to Play Bigger Role in High-End Legal Work

“Legal delivery has gone from ‘In a relationship’ to ‘It’s complicated,’’ said Mark Cohen, founder and CEO of Legal Mosaic, during the Buying Legal Council Professional Sourcing and Management of Legal Services conference. Attorney, legal tech writer and CodeX Fellow, Monica Bay, recently reported Mr. Cohen’s insights for Above the Law. She noted procurement is about to play a bigger ... Read More »

Survey: eDiscovery Pros Predict Increased Spending in 2016

Discovery Professionals Predict Increased Spending in 2016

Six out of 10 eDiscovery professionals have a positive outlook for spending on eDiscovery this year, predicting gross revenues in their segment of the industry will be higher in six months. This was one of the headline findings from the inaugural eDiscovery Business Confidence Survey, conducted by ComplexDiscovery, a leading industry blog The survey was launched in February and was ... Read More »

Quick Read: Summaries for 6 Recent Law Firm Studies

Quick Read Summaries for 6 Recent Law Firm Studies

Unlike available time, there seems to be no shortage of legal industry studies and surveys. We find keeping tabs on external sources of data to be a useful mental, for understanding the market and trends, as benchmarks against our own research, or ferreting out new ideas and pursuits. In the course of such reviews, providing summaries of these studies here ... Read More »

3 Surveys: 2016 another Year in Cautious Optimism for Law Firms

3 Surveys 2016 another Year in Cautious Optimism for Legal

Several surveys at the tail end of 2015 and the beginning of 2016 provide a glimpse at the law firm outlook for 2016.  Below is a summary of three recent surveys, including two by banks, with a flavor for law firm economics. As always we have linked to underlying sources for those interested in delving deeper. 1. Law Firm Leaders ... 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 »

Clients Driving Adoption, Am Law Tech Survey Finds

Clients Driving Adoption Am Law Tech Survey Finds

Just a few months ago, Legaltech News provided in-depth coverage of the 2015 Am Law Tech Survey an annual report by the ALM publishing business.  The publication focused on three key areas of legal tech: cybersecurity and privacy law firm technology adoption cloud adoption Interestingly, a common theme throughout the survey was the influence clients, or corporate counsel, is having ... 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 »

9 Neatly Organized LexisNexis Reports and Studies from 2015

9 LexisNexis Reports, Studies and Surveys from 2015

We cover as many reports, surveys and studies as possible on these pages.  Regular readers will find most of these posts neatly categorize under this legal industry study tag. Sometimes the data being reported is from third-parties and sometimes it is our own. As 2015 draws to a close, here is a curated list of nine studies we produced or ... Read More »