Statistics show that general counsel are worried about some kind of economic downturn in the next year, however, those who work with in-house counsel say day-to-day operations aren’t changing just yet.
Michael Sachs, a partner at Major, Lindsey & Africa’s in-house group in Chicago, said while he has not noticed a significant increase in hiring, he has also not gotten phone calls from general counsel asking to cancel searches for new in-house attorneys because of a looming economic downturn.
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