In the latest "Legal Department Operations Index" report from the Thomson Reuters Institute and the Legal Value Network, we see how these professionals are balancing a myriad of challenges
Most research into corporate law departments focuses, understandably, on the opinions and priorities of the general counsel. After all, they are the corporate officers tasked with leading the legal functions of the businesses and ultimately watching out for companies’ best interests.
However, there is another team of professionals that plays a similarly important role in ensuring the legal protection of the enterprise — the legal operations professionals tasked with bringing the priorities of GCs to operational reality.
At the same time, legal department operations (LDO) professionals must also structure their efforts in a way that reflects the broader realities around them, including technology trends, economic influences, and the changing strategies and alignments of outside counsel law firms.
To better understand how LDO teams are balancing these often-competing interests, the Thomson Reuters Institute, in collaboration with the Legal Value Network, has published the latest iteration of our Legal Department Operations Index. This report is based on a survey — conducted through an online survey done in the U.S. in June and July — of LDO professionals from businesses ranging in size from under $500 million in annual revenue to more than $10 billion in revenue from a variety of...
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