2016年-德勤全球_Future_Trends_for_Legal_Services_10页_2mb

Future Trends for Legal Services Summary

Core Content

This document outlines the findings of a global research study conducted by Deloitte Legal in June 2016, focusing on the evolving landscape of legal services. The study analyzed purchasing patterns and expectations of in-house legal teams across various industries and regions.

Main Findings

1. Market Growth and Demand

• The legal services market is growing globally.
• Legal spend is increasing in several key areas, with regulatory compliance (49%), M&A (42%), and litigation (39%) being the most significant.
• The majority of participants (55%) are either reviewing or planning to review their legal suppliers.

2. Changing Purchasing Patterns

• In-house legal teams are seeking tech-savvy, integrated service providers.
• 52% of in-house legal departments are considering legal services from nontraditional law firms that offer a range of professional services.
• 67% of participants are either involved in or considering an informal or ongoing review of their legal suppliers.

3. Evolving Expectations

• Purchasers expect integrated, cross-border advice beyond legal.
• There is a strong demand for better and more relevant technologies to be used on integrated platforms.
• Fixed fees, value pricing, and transparency are key priorities, with 30% of participants mentioning fixed or capped fees and 27% referring to value-based pricing.
• Global compliance is a major concern, with 26% of participants identifying it as the biggest challenge in their legal departments.

4. Challenges in Legal Services

• The speed of business and doing more with less are also significant challenges.
• Appropriate use of technology is seen as critical but not yet fully realized.

5. Technology Adoption

• 77% of participants believe that technology has not yet replaced the tasks of in-house lawyers.
• However, 52% expect that this will happen within the next five years.
• There is a clear demand for more advanced and relevant technologies that can be shared across integrated platforms.

6. Need for New Legal Service Providers

• One in three legal service purchasers (33%) want their providers to offer industry, commercial, and non-legal expertise, which is currently lacking in traditional law firms.
• There is a demand for global data and cyber security protection expertise, as well as proactive knowledge sharing across jurisdictions.

Key Information

• Methodology: The study included 243 quantitative survey responses and 30 qualitative interviews.
• Participants: Legal professionals, CEOs, CFOs, and General Counsel from large multinational and mid-sized companies across various industries.
• Geographies: Participants were based in 33 countries across 5 continents, with the largest group in Asia-Pacific (31%), followed by UK (28%), North America (21%), Europe (excluding UK) (17%), and Africa & Middle East (3%).
• Industry Focus: The study included companies from the consumer business, energy & resources, financial services, life sciences & healthcare, manufacturing, real estate, technology, and media and telecommunications sectors.

Conclusion

The legal services market is evolving rapidly, driven by the need for technology integration, global compliance expertise, and value-based pricing. In-house legal teams are increasingly looking for nontraditional providers who can offer cross-disciplinary support and proactive services. Traditional law firms are being challenged to adapt and meet these new expectations to remain competitive in a growing and dynamic market.