16 July 2009
In-house
Two-thirds of US in-house law departments face pressure to cut costs and are bringing some legal work back in-house, according to a LexisNexis study.
The survey conducted among 191 in-house legal managers by Corporate Counsel magazine on behalf of LexisNexis CounselLink, found that 98% of US in-house law department executives have been affected by the current economic gloom, while 67% said they feel pressured to cut spending and 59% have already seen a reduction in their department budget.
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