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You are viewing ARCHIVED CONTENT released online between 1 April 2010 and 24 August 2018 or content that has been selectively archived and is no longer active. Content in this archive is NOT UPDATED, and links may not function.Extract from article by Lenore Adkins published by Bloomberg BNA
Corporate legal spending increased for the second straight year, but the overall rate of growth slowed, according to a new survey.
Huron Legal’s Law Department Benchmarking Survey, conducted in partnership with the General Counsel Forum, a community of more than 700 general and senior managing counsel, polled 119 companies from around the world.
It found that, on average, corporate legal department spend rose 1.7 percent in the 2014-2015 fiscal year, down from 2013-14, when the spend increased by 2.2 percent, on average.
Read the complete article at Survey: Is Peak Corporate Legal Spend Behind Us?