Spending On Outside Counsel To Drop In 2010: Report

Law360, New York (October 2, 2009, 2:55 PM EDT) -- Average spending on outside counsel is slated to drop below 2006 levels next year, according to a new report by the BTI Consulting Group Inc. (Wellesley, Mass.). And law firms that aren't already engaging their clients in new ways should think about getting busy if they want to keep a piece of the pie in 2010 and beyond.

Corporate counsel report that they plan to reduce outside counsel spending by an average of 4.3 percent in 2010, bringing their average individual payout to law firms from...
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