Post by Axiom

80% of in-house legal teams plan to bring law firm work back in-house. The legal market has reached a threshold moment. According to our newly released 2026 GC Report: *Beyond the Billable Hour*, more than 80% of global in-house legal leaders say they plan to reallocate law firm work to internal teams or alternative legal service providers (ALSPs) within the next 24 months. Why? - Rising law firm rates. - Near-universal AI adoption. - Relentless pressure to drive efficiency. Yet 61% admit they still send work to law firms simply because “we’ve always done it that way.” Based on a global study of 516 senior in-house legal leaders across eight countries, the report explores: • The “Great Reallocation” reshaping outside counsel spend • The growing satisfaction gap between ALSPs and traditional firms • Why AI adoption remains stuck in transition • How legacy habits continue to drive millions in legal spend The question for today’s legal leaders: Are we crossing the Rubicon to a fundamentally different legal services model? Read the full press release to explore the findings: https://lnkd.in/e3qvmVsX #InHouseCounsel #GeneralCounsel #LegalOperations #LegalTransformation #ALSP