Law Departments Shift Money, Work In-House

October 21st, 2010 by Altman Weil

Altman Weil just released its eleventh annual Chief Legal Officer Survey, including responses from 174 CLOs surveyed in September and October 2010. 

“Corporate legal departments are apparently more and more telling law firms: Look, forget it, you’re too expensive — we’ll just do the work in-house.  Altman Weil’s Chief Legal Officer Survey, released Wednesday, showed that sixty-three percent of the officers surveyed reported that they had increased their internal budgets from 2009 to 2010, and 29 percent claimed that they would decrease their use of outside firms in the coming year.”

Read it at Corporate Counsel

This entry was posted on Thursday, October 21st, 2010 at 12:41 pm and is filed under Surveys, Alternative fees, Law Departments. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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