“The research shows that GCs are increasingly open to cost- and risk-sharing with third parties, and that law firms need to be ready to talk to clients about this solution," said Christopher Bogart, CEO of Burford Capital.
November 02, 2022 at 07:53 AM
3 minute read
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The original version of this story was published on Corporate Counsel
Legal chiefs expect their outside counsel to be proactive in advising and educating them on innovative solutions that would contribute to their company’s success, according to a new study by Burford Capital, which provides specialized finance to the legal market.
More than 60% of respondents say that general counsel success can be heightened if they receive guidance from law firm partners about opportunities to add value to the business, the study found.
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