Money for nothing...
In a highly competitive marketplace City firms are increasingly low-balling on fees in a bid to win more lucrative new business and maintain relationships with key clients. But are general counsel taken in? Des Cahill reports
There is no such thing as a free piece of legal advice. City firms offering to do work for little or nothing are generally viewed with suspicion by clients, according to a snapshot poll taken by Legal Director this week.
This premium content is reserved for
Legal Week Subscribers.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Unique access to ALM's unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week's UK Top 50 and Global 100 rankings
- The Legal Week Daily News Alert, Editor's Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now
For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651