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.

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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.

© Robert Freedman - Partner at Tharpe & Howell, LLP | Attorney Advertising

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