Corporate legal departments are expected to spend a significant portion of their tech budgets on e-billing, contracts and matter management tools in 2022. However, as COVID-19 highlighted, tech budgets aren’t immune from global events. Still, industry observers said high inflation, the Great Resignation and the Ukraine-Russia war haven’t spoiled in-house legal departments’ tech spending—yet.

Perhaps unsurprisingly, corporate legal departments are continuing to invest in e-billing and matter management technology to improve productivity, noted Jason Winmill, a managing partner at Argopoint where he advises corporate legal departments on their management issues.