For the first time in a decade, more CLOs said they planned to cut their overall budgets for the coming year than those who planned to increase spending, according to Altman Weil’s latest chief legal officer survey.
November 17, 2020 at 01:32 PM
1 minute read
A new survey of chief legal officers paints a bleak picture of a disrupted in-house landscape during the COVID-19 pandemic, which has spurred legal department leaders to tighten budgets more than ever before.
For the first time in a decade, more CLOs said they planned to cut their overall budgets for the coming year than those who planned to increase spending, according to Altman Weil’s latest CLO survey.
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