Economic uncertainty surrounds us: Recession predictions seem to be picking up pace, while announcements of large-scale layoffs continue to surface. The legal industry—although arguably to a lesser degree than other industries—has also felt the effects of these economic ripples.
However, for those in corporate legal operations, the outlook appears to be brighter. Most respondents (70%) to the ACC CLO 2023 Survey listed legal operations as their top “strategic priority” for this year. Given this data, it’s reasonable to assume that those in legal ops would be less likely to be at the top of any layoff list. Nevertheless, it ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.
