Learn more about legal department strategy and organization, cost and performance indicators, and the use of digitalization with KPMG Law’s biennial Legal Benchmarking Report.
In recent years, legal departments have had to deal with an ever-increasing level of tasks. The risk environment and regulatory conditions have reached a high level of complexity. As a result, many companies now employ a significantly higher number of lawyers and have also had to expand their cooperation with law firms. Nevertheless, legal services are more than ever under considerable cost pressure. Especially in times of the COVID-19 crisis, it is important to focus even more on a flexible staff structure and automated and standardized processes. Knowledge about the financial and staffing set-up of your competitors’ legal departments is increasingly important for your strategic decisions. Our Legal Department Report 2019/20 provides important findings on these issues.
As part of the Global Legal Benchmarking Study, the general counsel/heads of legal departments of more than 100 German companies from industry, trade, services, and banking and insurance were surveyed in the period Q4/19-Q1/20. Contents include strategy, organization, cost and performance indicators and use of digitalization.
With the report, KPMG Law evaluates the most important cost KPIs of legal departments and their strategies to further improve performance. The report provides detailed answers to questions such as:
In addition, the report continues the 14-year long-term analysis of Germany’s 150 largest companies, which has been collected every two years since 2005.
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