Largely it is the privilege of the general counsel, and the general counsel only, to retain outside law firms. Without sole possession of that right, a general counsel can hardly be held responsible for the fullness of legal outcomes and costs. If clients could turn when they wanted to whatever law firm they chose, legal anarchy would result and costs might skyrocket. This does not happen, except for a pocket or two of vestigial rights, such as the tax department and claims, which can hire law firms on their own. But, almost without exception, authority to retain external counsel lodges firmly with the general counsel.

That singular authority to retain counsel, however, does not necessarily and each time mean unfettered freedom to choose which firm to retain.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]