Wednesday, 10 Mar 2010
Research
Survey: General counsel under pressure
2009 may well be the time when, after years of complaining about the level of legal fees, that clients make some serious inroads into both the levels and basis of legal fees.
Survey: Fighting For Lower Fees
One reason why law firms have been able to pass on double digit rate hikes year-on-year has been the apparent reluctance of many clients to challenge rising fees
Survey: Rethinking Value
While many in-house lawyers have complained about the iniquities of the billable hour for many years, the current economic climate represents their best chance to force their suppliers to fundamentally rethink the way that legal services are valued and paid for.
LATEST
General counsel look for alternatives as law firm fees continue to soar
SLA's launch survey finds general counsel under pressure. Costs are the most pressing issue for general counsel, while a little over a quarter say that defending their teams from cutbacks is one of their key concerns. External advisers are not helping - despite the pressures they face, more GCs expect their external legal bills to rise than fall.
Survey: Is bigger better?
A common response to cost pressures among general counsel is to grow the size of the legal department and retain more work in-house. But experts argue that this could be counter-productive in the long run.
