More chief legal officers plan to beef up their legal departments this year, according to an annual survey by the Association of Corporate Counsel.
But it’s not a sign that the economy is recovering or budgets constraints are easing, said ACC deputy general counsel James Merklinger. Rather, Merklinger said, the added hiring suggests that the recession is forcing chief legal officers to change the way they operate. They’re bringing more work in-house, spending less on outside counsel and boosting spending on alternative fee arrangements, the survey shows.
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