The newly released survey report, “Legal Pricing & Project Management,” was 13 years in the making, according to David Cambria, former corporate ops leader at Archer Daniels Midland, who now hangs his hat on the other side of the fence at megafirm Baker McKenzie. From that vantage, Cambria says he increasingly saw law firms deploying the same disciplines and capabilities as legal ops professionals.
Continue Reading Good Fences Make Good Neighbors
Late last year, CLOC, the Corporate Legal Operations Consortium, released the results of its first annual State of the Industry Survey, looking at such metrics as legal spend; legal department and legal ops headcounts; commonly used e-billing vendors, contract management systems and alternative service providers; and law firm evaluation priorities.
The respondents represented 156 companies in 32 industries, spanning 30 U.S. states and 11 countries. With a median company revenue of $7 billion, they claimed an average external spend of $60 million per company.
Continue Reading Resetting the Process: An inside look at the state of legal operations