Secrets To In-House Cost Control

Law360, New York (January 7, 2015, 11:30 AM EST) -- Cost control reigns as one of top the challenges facing today's law department. But the good news is that law departments are doing a better job containing costs, keeping total legal spending increases at a modest rate and reporting decreases in outside counsel spending.

According to the 2014 HBR Law Department Survey, total legal spending worldwide increased by 2 percent while outside counsel spending decreased by 2 percent among all the participants in the survey. Over the past three survey years, there has been a steady decline in the rate of increase for total legal spending. The 2012 survey reported a...

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