Survey: Legal Spend Up for Companies in New York

Companies in New York indicate that they spend more in legal than companies in other parts of the country, according to the results of a survey published by HBR Consulting.

December 21, 2018 at 03:59 PM

2 minute read

Dan Clark

Companies in New York spend nearly $10 million more in legal spend than other companies across the country, according to a report published by HBR Consulting.

HBR received responses for the survey from over 250 companies in 20 different industries.

Lauren Chung, managing director at HBR Consulting, said that the reason New York has the highest legal spend is because it is home to a large financial sector.

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