In 2017, one in three chief legal officers and general counsel terminated outside lawyers for failing to meet expectations, a new survey finds. The trend could continue into 2018—43 percent of respondents said they planned to end relationships with firms this year.
The data comes from the Association of Corporate Counsel’s Chief Legal Officers 2018 Survey, released Tuesday, which includes responses from 1,275 CLOs and GCs in 48 countries.
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