Law firm of the 21st century: the clients' revolution - Legal Week Q&A in association with Eversheds
Eversheds chief executive Bryan Hughes and Legal Week editor-in-chief John Malpas discuss a recent survey of the legal profession which shows a shift in the balance of power between major law firms and general counsel.
There is no question that the worst recession for 80 years has had a major impact on the legal sector. General counsel are under pressure to deliver more for less. In turn, they are demanding reduced costs and greater value from their legal advisers. They demand accountability when it comes to how their budgets are being spent and more imagination when it comes to fee structures.
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