X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Increased competition and a wave of mergers and acquisitions have forced the legal industry to rethink and reshape its business. These trends have resulted in newly expanded firms vying for a larger share of their clients’ business and clients wishing to lower costs by replacing patchwork legal coverage with a smaller number of larger firms, that can more efficiently meet their needs. According to a 2003 BTI Consulting study, general counsels for Fortune 1000 companies plan to consolidate and reduce the total number of law firms they use from an average of 75 in 2001 to 40 in 2005.

This premium content is reserved for
Law.com International Subscribers.

BENEFITS OF A SUBSCRIPTION INCLUDE:

  • Customized news by region including UK, Asia, Europe, Latin America, Middle East, Africa, and North America
  • Cutting-edge research such as UK Top 100, China 45, and Asia 50
  • Get the inside track on the biggest breaking stories that delve deep into the issues behind the headlines
  • Comprehensive coverage of the dynamic legal market from people moves to the major international jurisdictions
  • Global view into how legal tech, business of law, in-house and regulatory environments are intersecting worldwide

Already a subscriber?

 

Law.com International Newsletters & Briefings

Sign Up Today and Never Miss Another Story.

Sign up for an unlimited number of complementary newsletters, alerts, and International Briefings. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2020 American Lawyer Media International, LLC. All Rights Reserved.