% of legal budget spent externally
Definition
Percentage of legal budget spent outside i.e. for external legal services. A typical law department spends 40 percent of its total legal budget inside and 60 percent outside. <a href="http://www.law.com/jsp/ihc/PubArticleIHC.jsp?id=1196071460181">Source</a>
Formula
[Legal budget spent externally] percentage of [total legal budget]
Tags
legal, budget, department
Metrics & KPIs