2022 Legal Department Operations (LDO) Index

Thomson Reuters is pleased to release the 2022 edition of its Legal Department Operations (LDO) Index report. This widely anticipated report explores the shifting priorities legal departments face in 2022 amid economic uncertainty and continued global market strains. The data for this report includes real-world legal spend analytics from Thomson Reuters Legal Tracker, with historical data including more than 1,500 corporate legal departments, and a July 2022 Thomson Reuters survey of global legal departments.

As the demands on in-house legal departments continue to grow, the importance of efficient and effective legal operations likewise grows. Yet how legal departments build and manage their legal operations structures remains quite varied. This report examines:

• How legal departments, and particularly their operations teams, are being staffed
• Changes to legal department spending and the rates they are paying for outside counsel
• The frequency of alternative fee arrangements
• The importance legal departments are placing on improving diversity, both internally and from their outside counsel
  
• What strategies are proving most effective for managing spend and workload
• How the legal departments is leveraging metrics to gauge their own performance as well as speak to the broader business

Download your copy of the report now.