Risk Management To Shape In-House Budget In '10

Law360, New York (October 5, 2009, 2:20 PM EDT) -- Corporate litigation spending is set to rise in 2010 after dropping a massive 10.4 percent in 2009, bucking an overall projected decline in companies' legal budgets, according to a new report by the BTI Consulting Group Inc. (Wellesley, Mass.)

But with cost-control and risk reduction now top priorities for in-house attorneys, the focus has shifted from an aggressive strategy to one of avoiding lawsuits, and law firms that can help companies reduce their litigation exposure will find themselves in high demand next year.

“For the fifth...
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