Today's General Counsel, February/March 2022

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Golden Opportunity To Buy Legal Tech in 2022 By NICHOLAS D’ADHEMAR

he Legal Spend Landscape for 2022, a recent survey of financial services firms commissioned by Apperio, indicates that in-house legal teams have a great opportunity to invest in the technology that their departments need next year. The survey polled 300 senior legal and financial professionals who have responsibility for legal spending across the United States and the UK. Collectively, respondents work for or with legal departments that employ an average of 22 in-house lawyers and oversee $14.28 million in annual outside legal counsel spending.

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Today's General Counsel, February/March 2022

Published on Mar 1, 2022

Today's General Counsel

Energy prices are poised to hit historic highs. Some global supply chains that were already damaged by the pandemic could be severed following the Russian invasion of Ukraine, and low-cost, high-quality Russian software, which has significant market share and widespread use in U.S. corporations, is now “technologia non grata,” according to business tech news site ZDNet. In other words, the cost of doing business is going to rise. Smart GCs and CLOs are trying to do more with less, and in this issue of Today’s General Counsel we interview one of them, Lisa Ann Cooney, the head of a large defense and construction company’s legal department. Identifying talent in-house that can handle work that formerly was outsourced is one way she’s coping, but she has other methods as well.

Articles inside

Today's General Counsel, February/March 2022

Articles inside

DAOs Can Revolutionize Corporate Governance

Editor's Desk

General Counsel Interview with Lisa Cooney

GOLDEN OPPORTUNITY TO BUY LEGAL TECH IN 2022

WILLING TO TAKE AN OATH?