With the pressure on in-house teams to slash legal spend mounting, GCs are increasingly trying to get as much as they can from relationships with their external advisers, writes Alex Newman
One oft-repeated adage of general counsel is that the companies they work for no longer view high in-house legal spend as an inevitable cost of doing business. More than ever, in-house legal teams are being asked to cut costs while making legal spend go further, as well as scoping out possibilities to squeeze extra value from relationships with external legal advisers.
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