Corporate Counsel to Use AI to Bring Work In-House, Cut Costs

Most corporate counsel say they intend to bring work in-house to gain control over outside legal costs and many of them expect technology, including artificial intelligence, to help them do it.

“The number one strategy for cost control is to bring more work in-house,” according to a June-July survey of 373 in-house legal professionals by the Association of Corporate Counsel and Everlaw.

Two-thirds of survey respondents said that bringing work in-house was necessary to cut their legal spend, up from 59% last year. They also saw benefits in leveraging internal expertise and gaining budgetary predictability. A third of companies are ...