“There’s going to be a continued effect of the pandemic,” Kris Satkunas of LexisNexis CounselLink said. “Whatever happens in 2021, we’ll see the effect next year.”
July 08, 2021 at 10:21 AM
3 minute read
Legal departments appear to have paused their consolidation of outside counsel rosters in 2020, but experts expect them to continue paring down post-pandemic.
The 2021 Enterprise Legal Management Trends Report by LexisNexis CounselLink, published last week, found that 50% of companies surveyed put 80% or more of their legal spend toward just 10 or fewer legal vendors last year.
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