Few Bright Spots In 2012 Legal Services Outlook: GCs

Law360, New York (October 11, 2011, 5:48 PM EDT) -- The contraction in the market for legal services is expected to continue in 2012 as corporate counsel target litigation budgets and become more aggressive in fee negotiations and resolution rates, a new report on corporate legal spending says.

Despite some bright spots — intellectual property, mergers and acquisitions, antitrust, and employment law among them — demand for outside counsel continues to run into tight budgets, and litigation expenses are first on the chopping block, according to the Premium Practices Forecast 2012 report from The BTI Consulting...
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