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The Survey Says...

By ALM Staff | Law Journal Newsletters |
September 01, 2003

Preliminary results from our legal spending survey shows general counsel balancing an increased need for outside counsel with pressure to reduce costs.

A stagnant economy has put pressure on departments to decrease spending, while the public's sudden interest in corporate governance has kept demand for legal services high. In August, The Corporate Counselor and The Center for Marketing Effectiveness conducted their annual survey, Benchmarking Study for Legal Services, on legal spending and the uses of outside counsel to provide insight on the factors that influence the selection and retention of outside counsel.

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