Canadian Lawyer InHouse

February/March 2020

Legal news and trends for Canadian in-house counsel and c-suite executives

Issue link: https://digital.canadianlawyermag.com/i/1210425

Contents of this Issue

Navigation

Page 45 of 59

44 www.canadianlawyermag.com/inhouse WHAT WAS THE EXTERNAL LEGAL SPEND FOR THE CANADIAN LEGAL DEPARTMENT IN YOUR LAST FISCAL YEAR? $101,000 to $500,000 24.09% $1.1 million to $3 million 21.90% Prefer not to answer/don't know 21.90% $501,000 to $1 million 11.68% $100,000 or less 10.95% $3.1 million to $5 million 4.38% More than $10 million 2.92% $5.1 million to $10 million 2.19% WHAT ARE THE LEGAL AREAS YOU SEND TO OUTSIDE FIRMS THE MOST? Litigation 77.37% Employment/labour 62.77% Intellectual property 32.12% Securities/corporate finance 29.93% Tax 29.93% General corporate work (contracts, etc.) 28.47% Mergers & acquisitions 27.74% Regulatory matters 23.55% Real estate 23.36% Class action 16.06% Environmental 15.33% Privacy legislation and data protection 13.14% Information technology (contracts, licensing, etc.) 13.14% Immigration 11.68% U.S./cross-border 10.95% Other 10.22% Advertising/marketing 4.38% Risk mitigation 2.19% from many different areas," he says. "You have us stretched thin to look at every aspect of what may face the organiza- tion, and risk is just that overarching statement of something that may happen and how we can mitigate against that." Nguyen adds: "In the absence of a dedicat- ed risk officer, these things generally fall into the hands of the GC, and I don't think we are generally trained at thinking in the way that risk professionals do." Billable hours 70.07% Combination of billable hours and alternative fee arrange- ments (AFAs) 23.36% Flat fees 3.65% AFAs 2.92% CORPORATE COUNSEL SURVEY WITH YOUR PRIMARY LAW FIRM/ EXTERNAL SERVICE PROVIDER, WHAT TYPE OF BILLING ARRANGEMENT DO YOU USE MOST OFTEN?

Articles in this issue

Links on this page

Archives of this issue

view archives of Canadian Lawyer InHouse - February/March 2020