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From HBR Consulting
“The survey confirms what we’re seeing in our own work with law departments, where many are engaging in cost management programs to control their total legal spend,” said HBR Consulting Senior Director and Survey Editor, Lauren Chung. “There’s a continued push to manage the costs of outside counsel. Organizations are taking aggressive measures, like the consolidation of firms, use of analytics, and use of alternate fee arrangements and detailed budgets, to control for these costs, which is having a direct impact on legal spending.”
Read the complete release at: Annual HBR Law Department Survey