CLOs To Shift Work In-House, Beef Up Staff: Survey

Law360, New York (October 20, 2010, 6:17 PM EDT) -- As more corporate law departments bulk up their in-house teams, 29 percent say they are planning to decrease their use of outside counsel over the next year, according to a new survey from Altman Weil Inc.

Of the 174 departments responding to the 2010 Chief Legal Officer Survey released Wednesday, 32 percent said they plan to use fewer law firms over the next 12 months.

The survey, conducted in September and October, also found that 41 percent of law departments plan to hire new in-house lawyers...
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