Extract from an article by Sam Skolnik
Corporate legal departments are streamlining their work by embracing technology, but need to do more before the function is “truly transformed,” a new study has found.
These departments need to invest more in legal tech to guarantee that transformation fully takes place, according to the study from Deloitte and Oxford Economics, released Nov. 30.
Some 300 law department executives from nine countries around the world weighed in for the study.
It recognized that while investments in legal tech are needed to streamline operations, legal departments are facing increased pressure from their companies’ C-suites to do more with the same or fewer resources.
Only just over one in two respondents, 56 percent, said they believed their companies were spending enough on legal IT.
Read the complete article at Law Departments Need to Spend More on Legal Tech, Study Finds
- Going Beyond Risk and Compliance: Legal Functions Embracing Digital – Study (Deloitte and Oxford Economics)
- An eDiscovery Market Size Mashup: 2018-2023 Worldwide Software and Services Overview
Have a Request?
If you have information or offering requests that you would like to ask us about, please let us know and we will make our response to you a priority.
ComplexDiscovery is a premier online publication renowned for providing essential insights and intelligence in the realms of cybersecurity, information governance, and legal discovery to professionals navigating these fields. As a leading source of information, the publication expertly combines original research with aggregated news to cater to a highly specialized audience. Committed to enhancing readers’ understanding of relevant topics, ComplexDiscovery stands as an impartial and comprehensive resource for exploring trends, technologies, and services associated with electronically stored information.
The driving force behind this influential publication is ComplexDiscovery OÜ, a technology marketing firm that excels in strategic planning and tactical execution for organizations operating within these sectors. Registered as a private limited company in Estonia, a global leader in digital advancements, ComplexDiscovery OÜ dedicates its primary focus to supporting the publication. The company capitalizes on its virtual presence to provide marketing consulting and services to a diverse array of clients around the world, further solidifying its reputation as a leading voice in the eDiscovery ecosystem.