In-house corporate counsel predict in a new survey that they will not be paying an increase in billing rates to outside law firms next year, a first in the survey’s…
First came the ACC Value Challenge. Now the Association of Corporate Counsel is about to introduce a tool to help in-house legal departments better implement it.…
There is one bright spot for law firms in a survey of in-house counsel: More than 40 percent of the respondents expect to see more litigation next year.
A second law firm has been named as a defendant in an investor lawsuit contending that a now-former partner of Proskauer Rose, Thomas Sjoblom, participated in a claimed $7 billion…
Bank of America has agreed to reveal legal advice it obtained in its acquisition of Merrill Lynch, a move likely to put the spotlight on its outside law firm in…
Corporate spending on outside counsel is expected to continue to drop, but the decline likely won’t be as big as this year’s 10.8 percent reduction, a new study says.
Over the past 18 months, amidst a global financial crisis, Microsoft has cut its legal budget by 15 percent, laying off 5 percent of its in-house employees in order to…
The general counsel of Hertz Global Holdings Inc. has filed a suit claiming a research firm defamed the auto rental company by issuing pessimistic statements about Hertz’s financial condition.
An influential non-profit that promotes alternative dispute resolution is partnering with a little-known small company to promote an arbitrator rating service.
The ratings, which will be made anonymously by lawyers…
The general counsel for Citigroup says his in-house legal department has been battered by the economic downturn, leaving him with little sympathy for law firm arguments for premium fees.
A former in-house lawyer sued for his blog comments about an intellectual property litigator has settled after a favorable ruling during his defamation trial in Texas.
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