GCs Add Compliance to Legal Department

In the past year, Mitratech has made five acquisitions as it expands its suite of software products beyond those traditionally available to corporate legal departments, such as time keeping and matter management, and into the compliance and risk arena.

It ties into a trend of corporate legal departments taking on larger roles within their organizations, including increased responsibility for corporate compliance, according to Hugh Logue, a legal market analyst at Outsell.

As global regulations have become increasingly complex, and the cost for non-compliance more expensive and critical to the function of the corporation, the role of the legal department has been magnified, Logue ...