Sergey Nivens – Fotolia
A 'fractional' GC delivers an experienced legal executive for a fixed fee, filling the need for business-focused and operationally-oriented legal help while controlling the legal budget.
July 17, 2019 at 02:46 PM
1 minute read
There are forces at work that continue to disrupt the legal services industry.
Big Law continues to increase starting salaries and raise hourly rates, and total compensation and benefits for in-house lawyers, especially general counsel, continue to grow. Between a rock and hard place, businesses are looking for ways to reduce the cost of and meet the demand for legal advice and counsel in an increasingly complex legal and regulatory environment.
Deal Watch: Skadden, Sidley, Slaughter and S&C Lead Big Paper Deal, While Private Funds Grow Massive
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