Rio Tinto Outsourcing Signals New Threat To BigLaw

Law360, New York (June 18, 2009, 12:00 AM EDT) -- In an effort to save on its legal bills, Anglo-Australian mining giant Rio Tinto has put together a team of Indian attorneys to tackle contract review, drafting and legal research, triggering fears that BigLaw firms will start to lose out as companies look for cheaper ways to meet their legal needs.

Rio Tinto sent a chill through the legal community on Thursday after revealing that it had reached a deal with outsourcing provider CPA Global to hire 12 Delhi-based attorneys to handle various legal matters for...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.