Copyright © 2017 ALM Media Properties, LLC. All Rights Reserved.
America’s biggest companies used to be boring, predictable purchasers of legal services. When confronted with a big lawsuit, the general counsel would hire a pricey big-city law firm, even though a midsize firm or boutique could probably do the same work for far less money. That way, if the case went off the rails, nobody could second-guess the GC’s choice of outside counsel.