Economic Pressure May Force Permanent Shift in Corporate Legal Costs

, GC California Magazine


Confronted with orders to control legal costs and rein in expenses, general counsel throughout California are now taking dramatic steps that were virtually unheard of only a few years ago. While these cost-cutting measures are a direct response to the slumping economy, they may also trigger a permanent shift in the way that companies purchase and provide legal services even after the economy has recovered. Some in-house lawyers are inclined to view this forced shift as a welcome result of the recession.

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