2022年公司法部门状况报告

2022 State of CorporateLaw Departments Benchmark, Optimize, and Innovate: Law departmentperformance in a post-pandemic world Executive Summary Corporate law departments underwent a period of rapid change during the global COVID-19pandemic, and that ongoing crisis loomed heavily through 2021 even as the whole world As corporations’ responses continue to evolve moving forward in 2022, there is appetiteand readiness for even greater transformation pulsing throughout the different industry, organizational, departmental, and individual levels. Where 2020 and 2021 saw theemergence of new ways of working rapidly imposed because of the pandemic, 2022 looks to The most successful law departments will be those that leverage the momentum of the pasttwo years to actively embrace transformative change, in how they integrate and operate both Key priorities The key priorities of corporate law departments are unchanged year-on-year, despite the While the enduring purpose of an organization’s legal function is to safeguard the business, aslightly higher number of respondents in our survey cited efficiency as a stronger priority for even in the face of challenges was a top priority. This report focuses on those two majordepartmental priorities which support that enduring function of safeguarding the business: How will this report help you? This report provides insight to help corporate law departments: 1.Benchmarklegal spend and team size against the latest peer data 2.Optimizesystems and processes to drive greater efficiency by learning from others 3.Innovatefor the future by understanding how other law departments are implementing Data Sources Thomson Reuters Sharplegal Sharplegal conducts research on senior in-house counsel across the globe and identifiesclient-nominated star lawyers within law firms. This study incorporates responsesgathered from more than 2,000 telephone interviews, each lasting approximately 30minutes, including more than 600 in the U.S. The topics covered include legal spending,sourcing patterns, experiences with law firms, and general market trends. For law Stellar Performance High-performing lawyers identified by Sharplegal are invited to join the StellarPerformance research panel, in which approximately 1,000 star-lawyers participatein annual web surveys covering topical issues. In 2021, the Stellar Performance panel Thomson Reuters Legal Department Operations (LDO) Index Thomson Reuters® Legal Tracker has surveyed legal operations professionals for fiveyears, examining the changing landscape in the corporate legal field. Legal Trackersurveyed corporate attorneys and legal operations professionals on their spend Part 1: Benchmark – How does yourdepartment compare to others? The last year has brought more new legal needs across the board, escalating demandfor both internal and external legal services, and greatly challenging many corporate lawdepartments. As a result, organizations’ total legal spending level has increased — and law Overall, 43% of corporate law department leaders around the world said they were expectingtheir total legal spend to increase in the coming 12 months, compared to just 21% who said they were anticipating a reduction in their legal spend.This is the strongest indication of a significant upturnin legal expenditure that we have tracked in the last This is the strongest indication of asignificant upturn in legal expenditure effective ways possible. Measurement, monitoring, and benchmarking will become even Indeed, our data showed three key areas that law departments should look to benchmark —spend relative to revenue, future spending, and team size — to determine how they match up Benchmarking spend relative to revenue Measuring an organization’s legal spend as a percentage of its revenue enables lawdepartments to monitor movements in legal costs relative to corporate growth. Focusing onlegal spend in isolation risks giving the appearance of ever-increasing costs without taking For global organizations with revenues of more than $1 billion, total legal spend on averageis currently 0.12% of revenue. By region, we observe the highest ratio of legal spend-to-revenue in North America. This is driven primarily by the U.S., which has a spend-to-revenueratio of 0.33%, almost three-times the global average. This is because the U.S. is a highly A good starting point when evaluatingefficiencyis to compare an organization’s total spendrelative to revenue to that of similarly situated, local benchmarks. If that organization’sspend-to-revenue ratio is higher than average, it may be overspending; and a below-average Further, this spend-to-revenue metric varies greatly by organization size. Not surprisingly,larger organizations typically spend a smaller proportion of their revenue on legal This is most clear when looking at organizations in the U.S., as the outlook for 2022 isconsistent with previous years. The greatest difference in the spend-to-revenue