What impact does a slow economy have on the amount of work corporate law departments send to outside firms? The answer depends on whom you ask. Two recent surveys offer different takes on how the lethargic economy is affecting the distribution of legal work. One survey found that legal departments have cut spending on outside counsel and have become more selective about the work they send out. But another survey has found that most corporations have maintained or increased their reliance on outside firms.
How Much Work Are Corporate Law Departments Paying For?
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