Gone are the days when corporate legal professionals considered tech to be a flourish rather than a necessity. The Association of Corporate Counsel (ACC) released its “2021 Legal Technology Report for In-House Counsel” on Tuesday in conjunction with Exterro, and the findings indicate that “efficiency” remains the magic word for lawyers and legal ops teams alike. 

Case in point, when asked what is the biggest factor in deciding whether their law department will purchase legal technology, about 64% of the 250 in-house counsel and legal operations professionals surveyed across 18 different countries named “efficiency.” Coming in at a distant second was “cost reduction” (about 27%), with “consistency” then following at about 5%.