It’s a major challenge for many companies’ legal departments: finding a way to do more with less. Workloads have expanded as a result of stepped-up compliance and regulation demands, and shrinking budgets have meant a shortage of staff to execute required work. Fortunately there are some proven methods for increasing efficiency and decreasing costs that can make general counsel and their staff more productive while adhering to spending constraints.
This doesn’t mean pulling the plug on outside law firms entirely, but rather maintaining guidelines on when to use them versus in-house resources. It all takes a good deal of planning, some creativity and a bit of chutzpah.
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