The Winter 2017 Global Legal Department Benchmark Survey explores six key legal department benchmarks for 17 different industries. Data for this report was collected via an online survey sent to clients of Major, Lindsey & Africa and those who have participated in previous Benchmark surveys when produced by our former partner General Counsel Metrics.
Metrics measured include:
- Total legal spend as a percent of revenue
- Lawyers per billion of revenue
- Internal spend as a percent of total legal spend
- Internal spend as a percent of revenue
- External spend as a percent of revenue
- Cost per lawyer hour
In 2016, Major, Lindsey & Africa acquired the reporting capabilities of General Counsel Metrics.