The ping pong continues as corporate counsel shift work back to law firms. What this portends for the in-house job market is to be determined:
“After 4 years of feverishly bringing work in-house corporate counsel are reversing course. BTI’s brand new study of 322 corporate counsel reveals these top decision makers will move $851 million of in-house spending back to law firms this year. This is in direct contrast to the more than $8 billion in legal spending moved in-house since 2011.And the work moving to law firms isn’t your everyday work. Clients are bracing for an increase in the big ticket matters law firms drool over.”
Read: New Business for the Taking: Corporate Counsel Shift Work Back to Law Firms at The Mad Clientist