Gartner Research has released the results of a recent survey to determine the drivers of cost-effective legal departments. The study polled more than 140 companies across geography, industry and revenue.
The study showed that cost-effective legal departments allocate almost twice as much of their in-house budget to training than higher-cost peers. “The most cost-effective legal departments commit to a strategy of continuous improvement of their in-house capabilities, including training, standardizing legal work, and allocating more of their total legal work in house.”
Go here to read more about the Gartner’s research results. Go here for Gartner’s whitepaper, Five Things that Cost-Effective Legal Departments do Right.