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Standardized Work, Cost Cutting Alter GC Relationship With Outside Counsel

By Law.com

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Proof positive of the standardization and commoditization of legal services is in the behavior of corporate counsel toward their outside law firms: They are taking bids, asking for discounts, shopping around for lower-cost options and doing more work themselves — much the same way their operational counterparts make purchases from other vendors. And that trend — boosted by rising rates and falling stock prices — ultimately will affect how law firms are run.

Standardized Work, Cost Cutting Alter GC Relationship With Outside Counsel

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Full post as published by InhouseBlog - News and Jobs for Inhouse Counsel on October 27, 2008 (boomark / email).

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