June 3, 2014
As law departments increase their staffing and budgets to do more work in-house, automated solutions such as Thomson Reuters Concourse may provide an opportunity to further enhance efficiency and increase capacity for legal work.
They are particularly looking at tools that can help them handle matters more efficiently. The most popular choice for new tools is software to monitor deadlines. Many departments are also planning to adopt matter management tools and services, which can include e-billing and analytics to help track matters assigned to outside counsel.
Thomson Reuters surveyed nearly 600 in-house attorneys to study law department trends and needs, as well as opportunities to improve the quality of legal counsel that is provided, increase efficiency and reduce costs.