Many in-house lawyers are in the early stages of developing the knowledge management infrastructure at their respective corporations. In the past year, however, KM appears to have fallen out of favor on the legal operations landscape in a blunt and largely unanticipated fashion, according to results from Bloomberg Law’s Legal Ops & Tech survey.
In 2022 and 2023, in-house lawyers prioritized KM as a top legal operations goal at their corporations. However, in the 2024 version of the survey, knowledge management experienced a precipitous drop—from 5th place to 15th place—among in-house lawyers’ list of priorities.
Five priorities that had placed ...
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