Law Department Operations Survey Results Announced

CHICAGO, Jan. 19, 2012 /PRNewswire/ -- The results of the 2011 Law Department Operations Survey, produced by Blickstein Group and InsideCounsel, a Summit Business Media publication, were recently announced and include findings with profound implications for legal departments, including: trends in compliance organization, metrics and reporting, driving and implementing law department management strategy, and more.

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The Fourth Annual Law Department Operations Survey is a partnership between Blickstein Group, Inc. and InsideCounsel magazine, the leading industry publication for in-house counsel, and is produced in cooperation with Huron Legal.  Led by an in-house legal advisory board chaired by David Cambria, senior director, enterprise information management at CDW, the survey provides legal departments with a consistent platform to benchmark themselves and identify emerging trends in legal department management, and better understand how the largest companies are handling department operations.

The survey contains data compiled from many leading corporate legal departments and was designed by an advisory board of legal department operations directors.

"Legal department operations directors are perfectly situated to help guide attorneys and business people through these turbulent times," said Cambria. "They can bring both their legal knowledge and their business skills to the table."

Key findings of the law department operations survey include:

• 68% of respondents are now solely dedicated to law department operations
• 50% of respondents who manage a distinct operations budget report having a budget of at least $6 million
• 25% of respondents now have a salary of $250,000 or more (up from 17%), and only 5% receive less than $100,000, down from almost 19%
• 51% of respondents state that their compensation is affected by law department metrics, up from less than 37% last year
• More than half of all respondents use or would consider using offshore legal process outsourcing
• More than 62% deliver reports to the finance department
• "Driving/Implementing change" and "Identify opportunities for business improvement and cost savings" were listed as the biggest challenges to managing the law department operations function

To view the InsideCounsel December issue supplement or the articles online, please visit InsideCounsel.com/LDO.

The Fourth Annual Law Department Operations Survey was sponsored by Huron Legal, Mitratech and Bridgeway Software.

For more information, or to purchase the full results package, please contact Brad Blickstein at [email protected].

About InsideCounsel

InsideCounsel is the award-winning monthly magazine serving general counsel and other top-in house legal professionals. With a BPA-audited circulation of 40,000, InsideCounsel provides the strategic tools GCs need to better manage their departments and business risk. InsideCounsel offers live and online events, custom publishing and a dynamic Website and eNewsletters. Visit InsideCounsel.com for more information.

About Summit Business Media

Summit Business Media is the leading B2B media and information company serving the insurance, financial, legal and investment advisory markets.  Summit strives to be "The Next Generation of Business Information" for executives and practitioners by providing breaking news and analysis, in-depth practice management strategies, business-building techniques and actionable data.  Summit services the information needs of its customers through numerous channels, including digital, print, and live events.  For more information, please visit www.summitbusinessmedia.com.

SOURCE InsideCounsel

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