Although digital transformation of the legal function had already begun, the coronavirus pandemic has highlighted the need for agility – forcing general counsel (GC) to accelerate the pace of change. Furthermore, the pandemic has also created huge cost pressure on companies with disrupted supply chains and rafts of new temporary and permanent legislation to adhere to. Inevitably, this has spilled over to the GC. The easy thing has been to put pressure on outside counsel to contain costs – but this has been the case for years. However, GCs are looking increasingly to technology to automate repetitive tasks to save on human resources, and looking at alternative sourcing approaches to fulfil their various requirements.
Contributors: DeloitteCategories: Whitepaper
SRC Type: Category Specific, Legal Process Outsourcing (LPO), Legal Services, Outsourcing