In the latest sign of an ever-tightening legal market, a new Altman Weil survey shows that more chief legal officers are planning to decrease their reliance on outside counsel and increase their in-house staffs in the coming year. To hold their ground, law firms must understand how that consolidation will take place, consultants say. Survey respondents also predicted that cost will continue to be the greatest concern among chief legal officers over the next five years.
Survey: GCs Cutting Back on Outside Firms
June 25, 2008