Photo: KorArkaR/Shutterstock.com Legal Departments Are Spending too Much Time on Unplanned COVID-19 Work
"Twenty percent of the time spent on unplanned work is wasted," said Vidhya Balasubramanian, managing vice president in Gartner's legal and compliance practice. "That's over a thousand work hours in a year at a typical $1 billion company with 10 full-time employees in the legal department."
August 06, 2020 at 01:42 PM
3 minute read
The original version of this story was published on Corporate Counsel
Almost 70% of in-house legal and compliance officers are having a hard time juggling mostly unplanned and urgent work in the COVID-19 economy.
The survey from Gartner taken in June and released Thursday shows 68% of the 286 participating legal leaders are struggling to manage the heavier workload brought on by the pandemic and the subsequent recession. The main matters contributing to the workload are labor and employment at 44%, government affairs and relations at 42%, and regulatory and compliance at 39%.
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Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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