More in-house legal departments expect to increase the amount of work they’ll send to law firms this year, according to a survey of chief legal officers.
Forty-three percent of chief legal officers plan to “increase the volume of work” they outsource to law firms in 2025, according to a survey of 772 CLOs conducted by the Association of Corporate Council and FTI Consulting. That’s 17 percentage points higher than last year, according to the survey.
More than 40% of respondents attributed their increase use of outside counsel to the “evolving global regulatory landscape,” according to the survey.
Those numbers echo ...
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