Credit: apana_Studio/Adobe Stock Swept Up in 'Awe,' Legal Departments Fail to Push Back on Rates at Biggest Law Firms
"Rate increases are not, as the defeatists would argue, always inevitable and always inevitably high, although they are more likely to be both in the case of a buyer with a lackadaisical approach to rate management," according to a new report by Wolters Kluwer ELM Solutions.
February 15, 2023 at 04:46 PM
4 minute read
Corporate legal departments have substantial negotiating power over the hourly rates at both small and large law firms, but limit most of their pushback to smaller firms, according to a new report from Wolters Kluwer ELM Solutions.
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