GCs Grow In-House Depts. Amid BigLaw Spending Crackdown

Law360, New York (January 29, 2015, 4:55 PM EST) -- BigLaw and its smaller counterparts need to keep watching their backs, as corporate counsel plan to continue moving work in-house in the coming year, according to the Association of Corporate Counsel’s 2015 survey of chief legal officers.

Seventy-two percent of respondents used some form of alternative fee arrangements in 2014, while internal budgets reflect a continuing shift to bring more work in-house. Meanwhile, CLOs increasingly want their in-house lawyers to possess nonlegal skills such as project management acumen, to increase in-house efficiency.

“As in-house counsel in...
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