The secrets to big-time budgetary savings in the law department got a little less secret on Thursday, when the Association of Corporate Counsel announced its inaugural class of ACC Value Champions—five in-house departments and seven pairings of in-house teams and outside firms that demonstrated lawyers can think like businesspeople, too.

“They’re making significant and measurable value,” ACC president and CEO Veta Richardson says of the winners, who were culled from 61 applications. The competition is a new component of ACC’s ongoing Value Challenge.

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