For years, it seems, corporate law departments have been discussing offering alternative fee arrangements and curbing overall spending.
But, according to a survey of law department spending released last week, it’s all talk.
For years, it seems, corporate law departments have discussed alternative fee arrangements and curbing overall spending. But according to an Altman Weil and LexisNexis Martindale-Hubbell survey released last week, it's all talk. The survey found an overall increase in law department spending of 7.9 percent for fiscal year 2005. Consultant James Wilber says the growth was driven mainly by increases in outside legal expenses and in internal hiring. And alternative fee arrangements? Still rarely implemented.
September 27, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
For years, it seems, corporate law departments have been discussing offering alternative fee arrangements and curbing overall spending.
But, according to a survey of law department spending released last week, it’s all talk.
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