
Attention, attorneys: your biggest corporate clients may be your biggest competition next year.
Some 40 percent of corporate legal departments expect to cut spending on law firms over the next 12 months and three-fourths of those will shift the work to their in-house staff. The remainder will use vendors or contract lawyers, according to consulting firm Altman Weil’s 16th annual survey of chief legal officers.
Some 285 chief legal officers nationally responded to the survey.
Results revealed…
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