Labor & Employment Spending To Soar Again In '10

Law360, New York (September 28, 2009, 1:00 PM EDT) -- Corporate spending on labor and employment this year jumped a whopping 54 percent from 2008 and is expected by some in-house counsel to increase further in 2010 as companies face the ripple effects of recession cost-cutting measures, a new report by the BTI Consulting Group Inc. (Wellesley, Mass.) has found.

Labor and employment replaced corporate spending as the largest legal expense behind litigation in 2009, accounting for 12.6 percent of the average corporate legal budgets this year, according to BTI, which surveyed 200 in-house counsel across...
To view the full article, register now.