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Proskauer Releases Survey Results on Delivering Value in Labor and Employment LawIn this rapidly changing business landscape, the pressure to adapt, foresee and manage legal risk while reducing spend continues to rise for in-house lawyers responsible for labor and employment. International law firm Proskauer has released its report on their second Value Insights: Delivering Value in Labor and Employment Law survey which addresses how in-house counsel can better maximize the performance of their own legal team; optimize partnerships with outside counsel; enhance collaboration with HR and other business units; and manage and mitigate labor and employment risk. The report serves as a benchmarking tool for in-house counsel and provides unique insight on how their peers address key challenges. "With the focus on federal deregulation, there has been an increase at the state and local levels surrounding the scope of protections under the discrimination, leave and wage and hours laws," said Elise Bloom, co-chair of the Firm's Labor & Employment Department and co-head of the Class & Collective Actions Group. "With the continuing pressure to do more with less, the survey provides information on how in-house lawyers are allocating intellectual and financial resources to manage labor and employment matters and increase the value added to their business partners and organizations." This year's survey expands upon last year's inaugural release, including more than 300 respondents across a wide range of industries and geographic coverage. Almost half of the survey respondents work for businesses with annual revenues of $1 billion or more, and half work for businesses with at least 1,000 employees. Respondents are decision makers and influencers in labor and employment matters, including 64% who are in Chief Legal or Associate/Deputy General Counsel roles. Key findings from the Value Insights: Delivering Value in Labor and Employment Law survey include:
View the Value Insights: Delivering Value in Labor and Employment Law survey.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171011005195/en/ |