Measuring the value of legal operations provides corporate legal departments and law firms with information needed to make informed decisions, but many legal departments lag behind firms when it comes to tracking this data. This leaves them in the dark about their legal operations’ value, potentially impacting a department’s ability to operate optimally.
In-House Trails Law Firms
According to Bloomberg Law’s 2021 Legal Operations Survey, only 34% of legal department respondents say their organization has a formal way to measure legal operations value, compared with 63% of law firm respondents. While this difference could be explained by the notion ...
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