2011 Legal IT Spending Survey

2011 Legal IT Spending Survey MITRATECH WHAT TECHNOLOGY AREAS. e-Billing Matter Management Governance, Risk & Compliance eDiscovery Entity Management Contract Management Do you currently invest in? 52% 72% 41% 41% 25% 37% Have you purchased in the past 12-18 months? 28% 37% 16% 31% 10% 24% Has given you the most ROI? 30% 40% 12% 18% 8% 24% During the next 12-18 months do you expect IT spend to: Where do you stand with integrating GRC and legal activities? Remain the same 49% 49% Kept entirely separate 21% Fully integrated and operate collaboratively Increase 34% 17% In the planning phase of beginning to integrate Decrease 17% 13% Considering moving together but haven't started a formal integration Do you currently use technology to collaborate with and monitor third parties such as outside counsel? Do you currently employ cloud or Saas technology in your department? No, and don't have any plans to 30% 35% Yes, and it's fully implemented operational and Yes, for a number of services or applications 29% 28% Considering it but haven't implemented anything yet Not within the legal department, but organization does 22% 22% Have not considered it Considering but haven't started a formal implementation process yet 10% 15% Yes, but just getting started in the process Yes, for select, non-critical applications 9% 2011 Legal IT Spending Survey MITRATECH WHAT TECHNOLOGY AREAS. e-Billing Matter Management Governance, Risk & Compliance eDiscovery Entity Management Contract Management Do you currently invest in? 52% 72% 41% 41% 25% 37% Have you purchased in the past 12-18 months? 28% 37% 16% 31% 10% 24% Has given you the most ROI? 30% 40% 12% 18% 8% 24% During the next 12-18 months do you expect IT spend to: Where do you stand with integrating GRC and legal activities? Remain the same 49% 49% Kept entirely separate 21% Fully integrated and operate collaboratively Increase 34% 17% In the planning phase of beginning to integrate Decrease 17% 13% Considering moving together but haven't started a formal integration Do you currently use technology to collaborate with and monitor third parties such as outside counsel? Do you currently employ cloud or Saas technology in your department? No, and don't have any plans to 30% 35% Yes, and it's fully implemented operational and Yes, for a number of services or applications 29% 28% Considering it but haven't implemented anything yet Not within the legal department, but organization does 22% 22% Have not considered it Considering but haven't started a formal implementation process yet 10% 15% Yes, but just getting started in the process Yes, for select, non-critical applications 9% 2011 Legal IT Spending Survey MITRATECH WHAT TECHNOLOGY AREAS. e-Billing Matter Management Governance, Risk & Compliance eDiscovery Entity Management Contract Management Do you currently invest in? 52% 72% 41% 41% 25% 37% Have you purchased in the past 12-18 months? 28% 37% 16% 31% 10% 24% Has given you the most ROI? 30% 40% 12% 18% 8% 24% During the next 12-18 months do you expect IT spend to: Where do you stand with integrating GRC and legal activities? Remain the same 49% 49% Kept entirely separate 21% Fully integrated and operate collaboratively Increase 34% 17% In the planning phase of beginning to integrate Decrease 17% 13% Considering moving together but haven't started a formal integration Do you currently use technology to collaborate with and monitor third parties such as outside counsel? Do you currently employ cloud or Saas technology in your department? No, and don't have any plans to 30% 35% Yes, and it's fully implemented operational and Yes, for a number of services or applications 29% 28% Considering it but haven't implemented anything yet Not within the legal department, but organization does 22% 22% Have not considered it Considering but haven't started a formal implementation process yet 10% 15% Yes, but just getting started in the process Yes, for select, non-critical applications 9% 2011 Legal IT Spending Survey MITRATECH WHAT TECHNOLOGY AREAS. e-Billing Matter Management Governance, Risk & Compliance eDiscovery Entity Management Contract Management Do you currently invest in? 52% 72% 41% 41% 25% 37% Have you purchased in the past 12-18 months? 28% 37% 16% 31% 10% 24% Has given you the most ROI? 30% 40% 12% 18% 8% 24% During the next 12-18 months do you expect IT spend to: Where do you stand with integrating GRC and legal activities? Remain the same 49% 49% Kept entirely separate 21% Fully integrated and operate collaboratively Increase 34% 17% In the planning phase of beginning to integrate Decrease 17% 13% Considering moving together but haven't started a formal integration Do you currently use technology to collaborate with and monitor third parties such as outside counsel? Do you currently employ cloud or Saas technology in your department? No, and don't have any plans to 30% 35% Yes, and it's fully implemented operational and Yes, for a number of services or applications 29% 28% Considering it but haven't implemented anything yet Not within the legal department, but organization does 22% 22% Have not considered it Considering but haven't started a formal implementation process yet 10% 15% Yes, but just getting started in the process Yes, for select, non-critical applications 9% 2011 Legal IT Spending Survey MITRATECH WHAT TECHNOLOGY AREAS. e-Billing Matter Management Governance, Risk & Compliance eDiscovery Entity Management Contract Management Do you currently invest in? 52% 72% 41% 41% 25% 37% Have you purchased in the past 12-18 months? 28% 37% 16% 31% 10% 24% Has given you the most ROI? 30% 40% 12% 18% 8% 24% During the next 12-18 months do you expect IT spend to: Where do you stand with integrating GRC and legal activities? Remain the same 49% 49% Kept entirely separate 21% Fully integrated and operate collaboratively Increase 34% 17% In the planning phase of beginning to integrate Decrease 17% 13% Considering moving together but haven't started a formal integration Do you currently use technology to collaborate with and monitor third parties such as outside counsel? Do you currently employ cloud or Saas technology in your department? No, and don't have any plans to 30% 35% Yes, and it's fully implemented operational and Yes, for a number of services or applications 29% 28% Considering it but haven't implemented anything yet Not within the legal department, but organization does 22% 22% Have not considered it Considering but haven't started a formal implementation process yet 10% 15% Yes, but just getting started in the process Yes, for select, non-critical applications 9% 2011 Legal IT Spending Survey MITRATECH WHAT TECHNOLOGY AREAS. e-Billing Matter Management Governance, Risk & Compliance eDiscovery Entity Management Contract Management Do you currently invest in? 52% 72% 41% 41% 25% 37% Have you purchased in the past 12-18 months? 28% 37% 16% 31% 10% 24% Has given you the most ROI? 30% 40% 12% 18% 8% 24% During the next 12-18 months do you expect IT spend to: Where do you stand with integrating GRC and legal activities? Remain the same 49% 49% Kept entirely separate 21% Fully integrated and operate collaboratively Increase 34% 17% In the planning phase of beginning to integrate Decrease 17% 13% Considering moving together but haven't started a formal integration Do you currently use technology to collaborate with and monitor third parties such as outside counsel? Do you currently employ cloud or Saas technology in your department? No, and don't have any plans to 30% 35% Yes, and it's fully implemented operational and Yes, for a number of services or applications 29% 28% Considering it but haven't implemented anything yet Not within the legal department, but organization does 22% 22% Have not considered it Considering but haven't started a formal implementation process yet 10% 15% Yes, but just getting started in the process Yes, for select, non-critical applications 9%