dreamagicjp Despite Pressures, In-Housers a Mostly Happy Lot
Jennifer Smith, Wall Street Journal
Corporate legal departments have also become increasingly sophisticated, using data analytics and technology systems to increase efficiency of their own operations. Eight-nine percent of the CLOs surveyed said they wanted to further improve staff proficiency in areas such as business management and project management.
And companies are moving more work in-house. Some are hiring more attorneys. But businesses are also making greater use of paralegals and contract administrators, said Veta T. Richardson, ACC’s president and chief executive, and some are adding new management roles for non-lawyers.
“Many of the larger Fortune 100 law departments are establishing a position called legal operations director,” Ms. Richardson told Law Blog. Such managers, who typically report to the general counsel, may oversee business operations, keep an eye on the budget and collect performance metrics. (read the article)