Law departments appear to be opening up their wallets, both for inside and outside legal help, as they are expanding workloads. Companies worldwide have increased total legal spending by 5 percent, returning to 2009 survey levels, and predict growth in regulatory, global and government business, reports HBR Consulting, analyzing the results of its 2012 law department survey.
Inside legal and outside counsel spending has spiked, says the consultancy, which split off from Thomson Reuters in June 2011. Christopher Petrini-Poli now leads the group as CEO; Doug Caddell, former CIO of Foley & Lardner and a member of Law Technology News‘ Editorial Advisory Board, joined as a director this summer.
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