In-House Counsel Seek Value Through RFPs

Law360, New York (June 5, 2009, 12:00 AM EDT) -- When the litigation portfolio at FMC Technologies Inc. changed in 2008, the company put out a call for law firms interested in competing for a spot on its preferred list of outside counsel. The response was less than overwhelming.

The Houston-based provider of technology for the oil and natural gas industry received about 50 responses to its request for proposals, including just 22 from the 200 largest U.S. law firms, general counsel Jeffrey Carr said.

“Not bad,” Carr said, “but a little disappointing.”

Formal requests for...
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