Law360 (December 17, 2020, 4:44 PM EST) — Industries and corporations are increasingly allocating their legal spending on in-house legal teams rather than outside counsel, according to a survey released Thursday.
A new legal spending survey released by global research firm Gartner Inc. found that the amount spent on outside counsel instead of in-house lawyers has declined by six percentage points since 2018. The Gartner findings, which were based on responses collected this summer from 126 legal leaders, also state that litigation, intellectual property, and mergers and acquisitions accounted for more than half of all external legal spending.
Gartner Senior Research Specialist Caroline Van Allen told Law360 that efforts…
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