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In-house expansion “cost-effective”

17 May 2013
Issue: 7560 / Categories: Legal News
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Two out of five in-house legal departments expect to boost their headcount before the end of the year.
 

Expansion is being driven by a demand to bring more finance and regulatory work in-house rather than using external firms, according to recruiter Laurence Simons and the Association of Corporate Counsel, which jointly commissioned the EMEA Legal Department Benchmarking Survey 2013.

More than half of departments said they would bring regulatory issues in-house this year compared with less than a third in 2012. Popular areas to bring in-house include insurance and reinsurance, banking and finance, restructuring and insolvency, and tax.

Some 86% manage their own corporate and commercial work in-house, while 64% manage their own bribery, corruption and compliance work and 55% manage their own intellectual property work.

Issue: 7560 / Categories: Legal News
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MOVERS & SHAKERS

Birketts—trainee cohort

Birketts—trainee cohort

Firm welcomes new cohort of 29 trainee solicitors for 2025

Keoghs—four appointments

Keoghs—four appointments

Four partner hires expand legal expertise in Scotland and Northern Ireland

Brabners—Ben Lamb

Brabners—Ben Lamb

Real estate team in Yorkshire welcomes new partner

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