1、2026 State of the Corporate Law DepartmentGCs have worked to modernize legal operations,now they need to prove it to the C-Suite 2026 State of the Corporate Law Department Report 2 2026 Thomson ReutersExecutive summary Over the past several years,corporate general counsel have made a concerted effor
2、t to re-organize their law departments to better align with business needs.Outside costs especially their spend on outside legal counsel is being more heavily scrutinized,even as technology is brought in to make the department more efficient.Indeed,legal department culture has been adjusted to no lo
3、nger be the department of No and instead be a business enabler.To GCs,1 it is clear that corporate law overall has moved forward over the past few years to better adjust its operations to align with a changing business landscape.The problem is,the C-Suite may not have received the same memo.The Thom
4、son Reuters Institutes 2026 State of the Corporate Law Department Report finds a visibility gap between where GCs believe their departments are,and where other business leaders believe they should be.In the midst of streamlining operations and shifting department priorities to align with the broader
5、 business,86%of GCs surveyed say they believe their department to be a significant contributor to overall organizational objectives.However,only 17%of C-Suite executives call the legal department a significant contributor to organizational objectives.And 42%say the legal department contributes littl
6、e or not at all.To GCs,it is clear that corporate law overall has moved forward over the past few years to better adjust its operations to align with a changing business landscape.The problem is,the C-Suite may not have received the same memo.FIGURE 1:Perceived contribution to organizational objecti