The changing balance of power between legal departments and law firms

Corporate legal departments are facing challenges such as decreasing budgets, increasing workloads, and pressure to provide more cost-effective legal services. In fact, 92% of organisations say they are changing the way the legal function operates and taking steps to address the most pressing challenges. 

Corporate legal departments are facing challenges such as decreasing budgets, increasing workloads, and pressure to provide more cost-effective legal services. In fact, 92% of organisations say they are changing the way the legal function operates and taking steps to address the most pressing challenges. 

Some of these changes include:

  • Optimising external counsel management
  • Shifting more work in-house
  • Digitalisation of internal processes
  • Reevaluating outsourcing strategies

In this infographic based on surveys conducted by EY and Wolters Kluwer, get insights on the major trends that are reshaping the in-house legal operating model, challenges faced when managing external counsel, and how corporate legal departments are strengthening their teams.

DOWNLOAD THE INFOGRAPHIC

More Partner Blogs


02 mei 2024

Distributieovereenkomsten in een internationale context: overzicht van dwingende wetgeving in andere EU-landen

Vaak worden internationale fabrikanten gewaarschuwd voor het opzetten van een distributienetwerk...

Lees meer...

02 mei 2024

AIFMD II enters into force – the implementation period has started

On 15 April 2024, the directive amending the EU Alternative Investment Fund Managers Directive...

Lees meer...

26 april 2024

Which companies have the obligation to introduce an internal reporting channel for whistleblowers?

The European Whistleblower Directive was transposed into Belgian legislation end of 2022 (Act of...

Lees meer...

25 april 2024

A new European Commission proposal on foreign direct investment screening: towards greater harmonization?

On June 20, 2023, the European Commission and the High Representative for Foreign Affairs and...

Lees meer...

23 april 2024

Leverage Legal Tech to set your legal department’s KPIs strategy

Leverage technology in your legal department to elevate your team's efficiency and strategic impact.

Lees meer...