For years, corporate counsel have been saying that they want to tear up the old model of doing business with their law firms. This year, they may finally start to make good on their threats. The recession is forcing corporate legal departments to rethink the concept of legal services in general. Although most of the same marquee names predominate the top of this year’s Who Represents America’s Biggest Companies survey, what is changing is the “how,” rather than the “who.”
[via Who Represents Americas Biggest Companies ... and How at Law.com]
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I have found under these difficult economic conditions many businesses are resorting to keeping more work in house. I am not sure how widely accepted alternative billing has been such as flat fees, etc.