More chief legal officers plan to beef up their legal departments this year, according to the results of the Association of Corporate Counsel’s 10th Annual Chief Legal Officer Survey. But it’s not a sign that the economy is recovering and budgets constraints are easing, according to ACC deputy general counsel James Merklinger. The survey shows companies are shifting work from outside counsel to in-house, while boosting spending on alternative fee arrangements.
[via Law.com - New Survey Suggests In-House Lawyers Are Poised to Hire.]
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