GCs keep work in-house to save on costs

Legal consultants Altman Weil released their Chief Legal Officer Survey last week, reporting that 63 per cent of respondents increased their internal budgets from 2009 to 2010, while 29 per cent said that they planned decrease their use of outside firms in the coming year. Altman Weil principal Daniel J DiLucchio said the results show that chief legal officers are concerned about the costs of using outside counsel to to serve their clients. The survey also showed that 41 per cent of chief legal officers indicated that they plan to hire new in-house lawyers in the next 12 months, and 32 percent said they would increase the number of paralegals on staff over the same period.

GCs keep work in-house to save on costs law.com Mon, Oct 25, 2010