Global Spending Boom Offers Hope For Midsize Firms

Law360, New York (October 7, 2013, 9:58 PM EDT) -- Legal spending at the 500 largest global corporations is booming in the U.S. while other companies continue to pull back, presenting new opportunities for midsize firms to cash in as more global players work with legal partners of all sizes, according to a new general counsel report.

Legal outlays by the largest 500 corporations account for a fast-increasing share of the U.S. corporate legal market overall, rising from 30 percent in 2010 to about 40 percent this year, according to the BTI Premium Practice Forecast 2014...
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