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Survey Says Cost Cutting More Than Just Talk for Legal Departments
Posted By DiscoveryResources.org Reporter On October 13, 2009 @ 2:29 pm In Governance, Risk & Compliance, Home Page Featured, Law & Technology, Technology Counsel | No Comments
This article from the New York Lawyer tackles one of the primary questions facing Legal Departments today: How to cut costs in the most effective ways to improve their bottom line. “Cost-control methods in law departments are more than just talk as cost pressures are creating a fundamental shift in the management and operation of the departments and their interaction with outside counsel, results of a recent Hildebrandt International survey suggest.
Results of the Law Department Survey are a further indication that more work is being brought in-house, alternative fee arrangements are in high demand and spending is shrinking. The rate of increase for inside and outside legal spend and compensation slowed in 2008.” [1] Continue reading….
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[1] Continue reading….: http://www.nylj.com/nylawyer/news/09/10/101309k.html?hbxlogin=1
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