There are several reasons legal departments may look beyond well known, large law firms when choosing their outside counsel. Cost concerns, for example, or wanting local expertise. But according to the “Global Trends in Hiring Outside Counsel” report, many often turn to smaller firms because they believe they are more innovative than their larger counterparts.

The report, a survey of over 300 general counsel and senior in-house lawyers, was commissioned by startup Globality and conducted by The Lawyer Research Service. It found that more legal departments, 19 percent, were dissatisfied with their larger law firm counsel than they were with their smaller ones, 6 percent.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]