Want To Stay In The Game? Become GCs' Go-To Firm

Law360, New York (October 12, 2011, 4:09 PM EDT) -- Companies looking to rein in legal costs are consolidating their outside work, spreading tight budgets among fewer firms and creating clear winners and losers in the process, a new report on corporate legal spending says.

Companies dropped an average of seven outside firms in 2011 after adding 17 apiece in 2010, according to the Premium Practices Forecast 2012 report from The BTI Consulting Group (Wellesley, Mass.).

Primary firms — those that do the bulk of that company's outside legal work — were safe, with companies holding...
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