Australian in-house departments anticipate budget cuts to their legal departments this year.
Globally, 24 percent of the 1,703 respondents said they expect cuts, while in the U.S., 26 percent of 408 respondents foresaw budget cuts. The rate in China was 14 percent based on 56 respondents.
April 18, 2019 at 03:02 PM
1 minute read
Almost half of the in-house legal departments in Australia anticipate cuts to their legal budgets this year, according to a survey by London-based research firm Acritas included in a report jointly published by Thomson Reuters.
The report, published earlier this month, found that 45 percent of the 73 senior legal counsel surveyed in Australia expect legal spending cuts in 2019.
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