Clients have resigned themselves to merely attempting to control spiralling legal spend rather than setting in place plans to reduce costs, according to a new survey of general counsel.
November 14, 2007 at 09:09 PM
1 minute read
The original version of this story was published on Legalweek
Clients have resigned themselves to merely attempting to control spiralling legal spend rather than setting in place plans to reduce costs, according to a new survey of general counsel.
The poll, conducted by Nisus Consulting for CMS Cameron McKenna, showed that less than 5% of general counsel at FTSE 250 companies had a specific target by which to reduce their legal costs. Instead the respondents are focusing on controlling costs and managing increases.
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