General Counsel Cut Costs With In-House Hires

Law360, New York (November 7, 2008, 12:00 AM EST) -- Corporations are looking to trim their legal expenses by doing away with law firms where possible and adding to their in-house legal departments new full-time lawyers or “project professionals,” including paralegals, legal consultants say.

Almost half — 49.2 percent — of the 126 general counsel or chief legal officers from U.S. companies surveyed by legal consulting firm Altman Weil Inc. in June said they planned to expand in-house by hiring additional lawyers, according to Pamela Woldow, a principal at the consulting firm specializing in corporate legal...
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