Regulatory Spending Will Remain Key: In-House Attys

Law360, New York (October 12, 2011, 7:38 PM EDT) -- Corporate counsel expect spending on regulatory legal work to level off in the aftermath of the Dodd-Frank Act’s regulatory overhaul, but the practice will remain a priority in 2012, according to a new report on corporate legal spending.

While firms are still spending more on regulatory issues, the market for outside legal services will be fairly flat, because companies are investing in stand-alone regulatory departments and increasingly seeking advice from alternatives to law firms, like consulting firms, regulatory specialists and large auditing firms, according to the...
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