Nearly Half of Australian GCs Expect 2019 Budget Cuts, Invest More in Efficiency, Survey Says
Globally, 24 percent of the 1,703 respondents said they expect cuts, while in the U.S., 26 percent of 408 respondents foresaw budget cuts. The rate in China was 14 percent based on 56 respondents.
Almost half of the in-house legal departments in Australia anticipate cuts to their legal budgets this year, according to a survey by London-based research firm Acritas included in a report jointly published by Thomson Reuters.
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