Credit: Ngampol/Adobe Stock Where Are Banks Sending Legal Work? Look Outside the Am Law 200
Financial companies are giving a chunk of work to law firms outside the Am Law 200, ALSPs, the Big Four, large Asian law firms as well as U.K. and European firms.
October 06, 2022 at 04:00 PM
5 minute read
Law Department Management
The original version of this story was published on The American Lawyer
Large banks and financial institutions have a reputation for retaining elite law firms and the top of the Am Law 200. But as much as half of their work now goes outside the Am Law 200, according to a new report that dives into banks' law firm spending habits.
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