For GCs, an important strategy for getting their work done within their corporate legal department budgets is to be able to pick and choose from a variety of sizes and types of law firms, from boutiques to giants. So, they’re watching law firm merger developments with cautious concern. Many in-house lawyers fear that mergers, like the recent one between Powell Goldstein and Bryan Cave, will place increased pressures on hourly rates and minimum requirements at the new, larger firms.
GCs Worry About Law Firm Mergers
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