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WHAT WE’RE WATCHING
THE PRICE IS WRONG – We’re probably never going to see a survey in which GCs declare that they’re over the moon about their legal spend, but the fact that 73% of respondents to a recent poll said they believe they’re overspending on outside counsel may be an indication that tensions between law firms and their clients are rising. This is especially so considering the survey, administered by In The House and LegalBillReview.com, was taken before COVID-19 hit, Dan Clark reports. It’s probably safe to assume the global pandemic that plunged the economy into an unexpected and indefinite downturn has not made law firm invoices easier to swallow.
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