It’s a good time to be a client. Charles James, Chevron Corp.’s executive vice president, expects that the newfound leverage that clients have over law firms will allow them to squeeze more fee concessions and increased productivity from legal vendors in the years ahead.
James, who served as Chevron’s general counsel and now supervises the post, said that, if partners want to maintain profits, junior lawyers will be forced to beef up their hours — and perhaps give up some of the work/life balance that they’ve achieved in recent years.
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