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Leadership in the Law: Profiting from the Learning Curve

A significantly higher number of law department budgets experienced reductions in 2012 than in the three years prior, so the pressure on outside counsel is likely to increase rather than abate. But are law firms listening?

15 minute read November 28, 2012 at 01:45 PM
By
Timothy B. Corcoran
Leadership in the Law: Profiting from the Learning Curve

A recent study published by Altman Weil listed the ways in which chief legal officers would like to see their outside counsel embrace service improvements and innovation. The top four responses were greater cost reduction, non-hourly pricing, more efficient project management and improved budget forecasting.

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