Survey Reveals Legal Departments' Strategies to Contain Litigation Costs
"Moving legal work in-house is inherently a technological endeavor," said Chuck Kellner, strategic discovery adviser for Everlaw.
October 25, 2022 at 07:16 AM
2 minute read
General Counsel and In House Counsel
Corporate counsel and legal operations professionals agree that moving more work in-house is their go-to litigation cost containment strategy, according to a new report by the Association of Corporate Counsel and legal tech platform Everlaw.
Almost 60% of the 200 in-house legal chiefs and ops professionals surveyed in the report said they prefer insourcing to limit litigation costs, while 52% also said they invest time into better balancing how work is divided between firms, managed service providers and specialty firms.
Other strategies for cost containment include preferred vendor arrangements (25%) and data bloat reduction (19%).
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