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Can you predict in-house counsel trends for FY18?
 
In July 2017, InfoTrack conducted a survey of 138 in-house counsel across Australia to gain insight into trends for FY18. Answer these eight questions to see if you're up to speed on priorities for the year to come.

What percentage of in-house counsel expect an increase in overall budget in 2018?
30%
40%
50%
60%
Which type of law firms do in-house counsel most commonly outsource legal service to?
Global and top tier
Mid-tier and specialised
NewLaw
What percentage of in-house counsel anticipate increasing spend on external legal services?
15%
27%
43%
52%
Which of the following softwares is most commonly used by in-house counsel?
E-signing
Document collaboration
Data visualisation
Workflow management
What percentage of in-house counsel plan to increase spend on tech in 2018?
27%
48%
54%
63%
What is the most common strategy in-house counsel are using to increase productivity?
Hiring more staff
Outsourcing more work
Implementing time-saving technology
Digitising workflows
What is the greatest priority for companies in FY18?
Cyber security
Information governance
General risk management
Regulatory compliance
Privacy
Thirty-seven percent of in-house counsel analyse company strucutres in which of the following ways?
Reading the ASIC extract
Drawing diagrams by hand
Creating excel spreadsheets
Using data visualisation tools
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