Cost-Cutting May Boost Smaller Law Firms: Study

Law360, New York (March 4, 2008, 12:00 AM EST) -- Faced with the need to cut legal fee costs, in-house corporate counsel may avoid larger firms in favor of more cost-efficient alternatives, such as smaller firms, according to a new study commissioned by international law firm Eversheds LLP.

The study on the future of the legal profession, released Tuesday, also found that while rising legal firm fees were a priority for in-house counsel, few law firm partners expressed similar concerns.

The study, which sought to forecast trends in the legal profession in the next 10 years,...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.