2019 Legal Tracker LDO Index Benchmarking and Trends Report
What's in the report?
The fourth edition of the Thomson Reuters Legal Tracker™ Legal Department Operations (LDO) Index Report is now available. The newly released report highlights qualitative and quantitative insights into corporate legal department operations.
Not surprisingly, controlling cost remains the highest priority among legal departments surveyed, with 90% ranking it as high priority. And, more than half of the respondents reported increasing the percentage of work handled in-house.
Download the report to learn how law departments are using key strategies to manage this combination of increased workload and budgetary pressure, including:
- Legal Operations - Dedicated legal ops, in-house/outside counsel ratios, staffing, diversity, and metrics
- Spend Management - Sophistication, cost control measures and effectiveness, timekeeper rates, and alternative fee arrangements (AFAs)
- Legal Technology - Ranking of key solutions and emerging technology trends