Key findings from the report:
- "Legal departments will increase spending on technology to reduce dependency on outside counsel, address COVID-19 and satisfy a long overdue need to modernize, digitize and automate legal work.
Capitalizing on the increased technology investment will require more than just selecting applications and platforms.
While hiring more attorneys might once have been the preferred approach to cope with excess work, many companies now hire more technology experts dedicated to legal. And these technical experts are less likely to be lawyers than they were two years ago."