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Legal Mag > Blog > General Counsel > Legal Departments In UK And Canada Anticipate Budget Cuts More Than Any Other
General Counsel

Legal Departments In UK And Canada Anticipate Budget Cuts More Than Any Other

Press Room
Press Room 2 months ago
Updated 2023/04/01 at 12:07 AM
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Over 30% of corporate law departments in the U.K. and Canada anticipate a cut in spending over the next coming months, more so than in any other region in the world.

The percentage of teams expecting budget cuts in the U.K. and Canada, 31% and 33% respectively, is higher than their counterparts in mainland Europe (27%), the U.S. (21%) and Asia (8%), according to a survey of in-house counsel by Thomson Reuters Institute.

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