The Point Two surveys of general counsel reported in December offer identical descriptions of the budget crisis facing corporate Legal departments in 2023: (1) From the legal system: most face increasing demands, and (2) From the C-Suite: most face cost reduction demands. In such circumstances, executive management usually asks Legal…
The Point Since I first met him 5 years ago, I’ve come to regard Mark Cohen, along with the UK’s Richard Susskind, as one of the world’s two leading authorities on the legal profession’s future. Here’s what he wrote in his most recent regular column for Forbes, entitled “Law’s Delayed…
The Point 1. Corporate Legal has a lot more work to do than budget to do it with. 2. In-house and in law firms, corporate Legal persists in its decades-long emphasis on custom work, done manually by one or more attorneys, in response to a one-off request. 3. Corporate Legal…