Just two years after some 200 law firms endured the ultimate test of strength and patience for a shot at one of the 140 coveted preferred-provider positions at General Electric Co., the largest legal department in the world recently announced yet another outside counsel shakeup.
The Fairfield-based company’s in-house lawyers slashed 44 firms from its previous roster and added a dozen new names to the slimmed-down list. As a result, GE’s club of outside firms is even more exclusive, with just 108 firms making the final cut for what the department calls “Gen Two.”
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