Achieving More With Less: Balancing In-House vs. Outside Counsel With Proactive Risk Management Techniques

According to the 2012 Carlton Fields Class Action Survey, U.S. corporate legal departments are expecting to handle more class action suits (an average of 5.4 in 2012 vs. 4.4 in 2011) – and are also expecting to spend about 17 percent less than they did last year doing it.

The survey interviewed 322 general counsel, chief legal officers and direct reports to general counsel, and found that the economy is not only driving down expectations on legal spend, but also increasing the importance of implementing risk management strategies to control costs.

LOADING PDF: If there are any problems, click here to download the file.

Published In: Business Organization Updates, General Business Updates, Communications & Media Updates, International Trade Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Peter S. Bauman - Senior Commercial Litigation Attorney Callahan & Blaine, (714) 241-4444 (office) / (949) 842-1720 (mobile) | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »