Credit: peshkova/Adobe Stock Struggling With Data and Deadlines, Legal Department Budgets Aren't Keeping Pace
The 2023 State of Corporate Legal Industry Report found that while many legal departments see a growing need for legal technology to help with a host of data challenges, tighter budgets and a lack of user-friendly tools still prevent them from growing their capabilities.
March 07, 2023 at 06:10 PM
3 minute read
The original version of this story was published on Legal Tech News
Today, corporate legal departments navigate a bit of a conundrum. Many face smaller budgets, coupled with more plans to invest in technology tools. Others deal with data in unprecedented amounts and complexity, while still resisting the implementation of new technology.
And according to the 2023 State of Corporate Legal Industry Report, these conflicting pressures will continue into 2023 and beyond.
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