Want to get this daily news briefing by email? Here’s the sign-up.
WHAT WE’RE WATCHING
THE PRICE IS WRONG – We’re probably never going to see a survey in which GCs declare that they’re over the moon about their legal spend, but the fact that 73% of respondents to a recent poll said they believe they’re overspending on outside counsel may be an indication that tensions between law firms and their clients are rising. This is especially so considering the survey, administered by In The House and LegalBillReview.com, was taken before COVID-19 hit, Dan Clark reports. It’s probably safe to assume the global pandemic that plunged the economy into an unexpected and indefinite downturn has not made law firm invoices easier to swallow.
This content has been archived.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
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]