Law Practice
Nov. 4, 2010
Corporate Counsel Go on Internal Hiring Spree to Lower Legal Costs
After years of bowing to the demands of law firms' perpetually skyrocketing hourly rates, general counsel have finally found a way to break the rate-hike cycle - hire more lawyers.
Daily Journal Staff Writer
Corporate law departments are bulking up, bringing on attorneys and paralegals to fill needs previously met by outside counsel. It's a move motivated by cost savings, but also by the realization that bringing specialized legal expertise into the fold can be a better way to run a business.
"As we hold the legal budget flat, we're forced to make choices between trying to get more out of th...
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