The milestone makes Legal.io one of the largest in-house legal communities in the world, with growth accelerating across every measure: members, enterprise customers, and global reach.
Despite the surge, legal counsel costs overall took up a smaller percentage of companies’ expenses, while in-house lawyers’ duties continued to broaden to reflect the business landscape’s current challenges.
The 400 largest US firms show headcount growth again after two years of sluggishness, with an average growth rate of 2.2%, while operating expenses increased by 6.8%.
