How one in-house counsel approaches outside law firms may very well summarize the state of today’s legal economy. “I have to personally reduce outside counsel costs,” said Michelle L. Meiselman, assistant GC for Akzo Nobel. “If I don’t, then it comes out of my bonus — if there are bonuses this year.” Another in-house lawyer and law firm attorneys at a recent panel discussion agreed that cost cutting for outside counsel services to corporations has reached unprecedented levels this year.
Cutting Costs Is a Way of Life for In-House
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Other posts:
- Standardized Work, Cost Cutting Alter GC Relationship With Outside Counsel
- Corporations Spend More on In-House Lawyers, Less on Outside Firms
- GCs: In-House Life Overloaded With Meetings, Bureaucracy
- Law Department Costs Jump in Largest U.S. Corporations
- Firm Lawyers Jump Ship for Quality of Life In-House
