60% of organisations suffer ‘inefficient’ legal spend: Report

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New research has found that the majority of large organisations around the world allocate their legal spend inefficiently.

Legal research firm Acritas produced the recent Patterns in Legal Spend Report – Part 2 using data from the 2016 Sharplegal Global Elite survey, which questioned over 2,000 senior in-house counsel around the world.

6101344 - ancient weight scale standing on wooden table near old books

6101344 – ancient weight scale standing on wooden table near old books

Their responses revealed a delicate balance between internal and external legal spending that delivers maximum efficiency.

According to the Acritas report, optimum efficiency is achieved when an organisation allocates between 40 per cent and 70 per cent of its legal spend…

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