General Counsel Could Begin Hiring Fewer Firms

Law360, New York (October 31, 2008, 12:00 AM EDT) -- As corporate legal departments look for ways to cut costs, some experts predict that the trend of convergence – or winnowing down the number of law firms a company hires – will grow.

Legal consultants said convergence has been going on for years, albeit under different models. But they think the tactic might now be more often explored as a cost-cutting measure.

“I think we'll see an uptick in the convergence movement,” said Pam Woldow, a principal with legal consulting firm Altman Weil Inc. “It's cheaper...
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