Corporate legal departments have mostly avoided coronavirus-related layoffs this year, but well over half are facing lower revenues while an even higher portion have heavier workloads, according to a survey published Tuesday.
Legal consulting firm Altman Weil, based in Newtown Square, Pa., surveyed over 100 law departments of varying sizes, from companies with revenues ranging from less than $1 billion to over $20 billion, on their responses to Covid-19.
The annual Chief Legal Officer Survey found that legal departments of all sizes are juggling more work with fewer resources as the pandemic drags on. Of the respondents, 66% said that ...