Got 4 minutes? Tell us how this uncertain economy is affecting your hiring plans and technology spend. Take the In-House Legal Survey
Respondents cited lack of resources and people, time wasted to keep track of documents & versions, and being buried in low value tasks as the top three challenges that keep them from doing their job well.
65% of legal professionals are worried about impacts from the uncertain economy and 69% anticipate cutting spending through reduced outside counsel, hiring freezes, and layoffs.
Our survey showed that more than 70% of in-house legal professionals believe technology helps to increase efficiencies in an economic downturn.
Among expectations of layoffs, and hiring freezes, 44% expect to add tech to increase efficiency.
Survey respondents indicated that tools for
e-signature, contract repository, and contract review/redlining are their priority acquisitions.
