Spending Slowdown

Swanton, Mary
November 2008
InsideCounsel;Nov2008, Vol. 18 Issue 204, p12
Trade Publication
The article presents the findings of Hildenbrant International's 2008 Law Department survey. The survey, released on September 25, 2008, showed that legal department spending and staffing are tapering off. The U.S. legal departments total legal spending increased by 5 percent for 2008, compared to an annual growth rate of 6 to 7 percent in each of the previous four years. Other findings of the survey are also enumerated which includes the finding that inside spending represents 41 percent and outside counsel represents 58 percent of total spending.


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