A new study projects growth of about 5 percent in corporate legal spending over the next six months, but corporate lawyers say that fixed legal budgets preclude most increases and that any higher legal spending that is tied to the economic crisis is temporary and unsustainable. The findings in the BTI Consulting Group’s study are based on 370 interviews with corporate counsel at Fortune 1000 companies that spend an average of $19.4 million on outside counsel bills.
Read Study Projects Growth in Corporate Legal Spending at Law.com.
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