A new study has projected a 4.3% slide in corporate spending on outside counsel next year, on top of this year’s 10.8% drop, writes the National Law Journal.

Outside counsel spending dropped from an average of $20.8m (£13m) in 2008 to $18.5m (£11.6m) this year and is projected to dip to $17.7m (£11.1m) in 2010, according to a study by BTI Consulting Group entitled ‘BTI Premium Practices Forecast 2010: Survey of Corporate Legal Spending’.