GCs Brace For Cuts In Litigation, Class Action Spending

Law360, New York (October 11, 2011, 6:22 PM EDT) -- Corporate counsel expect to spend significantly less on litigation and class actions in 2012 than they did in recent years, as companies look to cut legal costs broadly in response to the lagging economy, a new report on corporate legal spending says.

Formerly thought of as impervious to financial fluctuations, litigation, the costliest of legal services, is primed for a small but significant spending shave in 2012 as compared to 2011, according to the Premium Practices Forecast 2012 report from The BTI Consulting Group Inc. (Wellesley, Mass.)....
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