LegalVIEW Insights volume 5: Spend and provider count

2020 was a shocking year for everybody, but from an administrative standpoint, many corporate law departments didn’t feel its full effects until 2021.

Indeed, data from Wolters Kluwer ELM Solutions' LegalVIEW Data Warehouse—the world’s leading benchmarking database on the subject—indicates that in 2021, outside counsel spend in large corporate law departments (~$24B in revenue) spiked up to 36% at the same time that the total number of vendors who got a piece of that action dropped by about 8.6%.

In this session, industry experts Mike Stein (Director of Legal & Compliance Operations at QVC) and Nathan Cemenska (Director of Legal Operations and Industry Insights at Wolters Kluwer ELM Solutions) will discuss these and other trends, look at some groundbreaking statistics on ALSP utilization, and analyze the important question of whether law firm convergence efforts in corporate legal departments have finally become too much of a good thing.

Download the full report here.

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ELM Solutions

LegalVIEW^® Insights volume 5: Spend and provider count

Wednesday, August 17

11 AM EDT

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ELM Solutions

LegalVIEW® Insights volume 5: Spend and provider count

Wednesday, August 17

11 AM EDT

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LegalVIEW^® Insights volume 5: Spend and provider count