Bloomberg Law
Jan. 18, 2019, 7:33 PM UTC

Legal Departments Lag in IT Investment

Lisa Singh

As in-house legal departments face growing C-suite pressure to be more involved with corporate strategy, many general counsel find they lack the technology needed to move their departments beyond repetitive tasks.

“Pressure is being put on legal teams to do more, but the budget has not necessarily caught up with new technology investments,” said Piet Hein Meeter, global managing director of Deloitte Legal. With the research firm Oxford Economics, Deloitte recently surveyed roughly 300 in-house legal teams, across nine countries. They found 60 percent believe their legal function is ready to adopt technology that can carry out routine tasks. But ...

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