In response to increasingly complex legal challenges, in-house leaders in 2023 plan to increase spending on legal technology and outside counsel and also add employees, even as economic pressures put their companies in a cost-cutting mode, a new study of more than 200 corporations found.

“These competing pressures are on a collision course for 2023,” said Jason Winmill, managing partner of the legal department consulting firm Argopoint, who reviewed the findings of the 2022 HBR Consulting Law Department Survey for Law.com.

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