Legal news and trends for Canadian in-house counsel and c-suite executives
Issue link: https://digital.canadianlawyermag.com/i/763656
JANUARY 2017 26 INHOUSE tor and 12.2 per cent in the resource-based sector. Lawyers working in the technology sector made up 11.6 per cent of respondents, 9.9 per cent were from the service sector, 7.9 per cent in the non-profi t sector and 6.9 per cent in the professional services sector. In keeping with survey results from past years, 9.9 per cent had more than $10 mil- lion available in external legal spend over the last fi scal year. Of the respondents, 5.6 per cent spent between $5.1 milion and $10 million, 7.6 per cent spent between $3.1 million and $5 million, 22.1 per cent spent between $1 million and $3 million, 16.2 per cent spent $501,000 to $1 million, 25.1 per cent spent $101,000 to $500,000 and 13.5 per cent spent $100,000 or less. Litigation took the top spot again as the area in-house counsel outsource the most, with 72.2 per cent of the vote. Employ- ment law took second, with 50.7 per cent, up slightly from last year's 46 per cent. There was a slight drop in the percentage of merg- ers and acquisition work sent out, coming in at 30 per cent this year, down from 31.9 per cent previously. Rounding out the top fi ve, 27.3 per cent sent out intellectual property work and 26.4 per cent sent out tax work. IH Company is in growth mode Company made acquisition One-time project 72.5 % 23.9 % 21.1 % IF THE VOLUME OF WORK IS PROJECTED TO GROW, TO WHAT DO YOU ATTRIBUTE THE GROWTH? 50.8 % No change 12.9 % It shrank 8.9 % We fi lled positions previously left vacant 27.4 % It grew, there is more work to be done DID THE SIZE OF YOUR LEGAL DEPARTMENT CHANGE OVER THE PAST YEAR? Financial Government (municipal, regional, provincial, federal, Industry/manufacturing Resource-based Technology Service Non-profit Professional services 19.1 % 17.5 % 14.9 % 12.2 % 11.6 % 9.9 % 7.9 % 6.9 % Isolated/one-off situation that led to higher fees Bringing more work into the legal department The business grew Sending more work out 47.8 % 27 % 20.9 % 4.3 % IF EXTERNAL SPEND CHANGED, WHY? WHAT SECTOR IS YOUR COMPANY/ORGANIZATION IN? $100,000 or less $101,000-$500,000 $501,000-$1 million $1.1 million to $3 million $3.1 million to $5 million $5.1 million to $10 million More than $10 million 13.5 % 25.1 % 16.2 % 22.1 % 7.6 % 5.6 % 9.9 % Less than 5 6 to 15 16 to 30 31 to 50 51 to 100 More than 100 51.2 % 24.1 % 9.9 % 4 % 5.6 % 5.3 % HOW MANY LAWYERS ARE THERE IN YOUR LEGAL DEPARTMENT? and First Nations – including boards and tribunals) WHAT WAS THE EXTERNAL LEGAL SPEND FOR THE CANADIAN LEGAL DEPARTMENT IN YOUR LAST FISCAL YEAR? WHAT ARE THE LEGAL AREAS YOU SEND TO OUTSIDE FIRMS THE MOST? 72.2 % Litigation 50.7 % Employment/labour 30 % Mergers & acquisitions 27.3 % Intellectual property 26.4 % Tax 23.8 % Regulatory matters 20.7 % Securities/corporate finance 18.5 % Real estate 15.4 % General corporate work (contracts, etc.) 15.4 % Class action 9.3 % Environmental 8.8 % IT (contracts, licensing, etc.) 8.8 % Immigration 7 % U.S.-cross border 5.7 % Privacy legislation 4.8 % Other 4.4 % Advertising/marketing 1.8 % Risk mitigation 12 % 5.7 % 80.2 % 3.6 % ARE YOU USING ALTERNATIVE SERVICE PROVIDERS? Onshore Off shore Both Not using