Predicting the Unpredictable Future of In-House Legal Teams
As the financial downturn grew in intensity through 2008, a number of high-profile general counsel took proactive steps in response to drive down costs, including renegotiating outside counsel fees. With the legal profession facing the most uncertain outlook for a generation, will in-house legal teams ride out the storm and drive innovations that prove their value in tough times? Or will the job losses continue to spread, causing a new round of cuts in-house?
