Corporates beef up legal departments

Corporates are moving more legal work in-house and look set to continue this trend.
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More companies are bringing legal work in-house i41coc12

According to BTI, which has researched spending from March to September this year, larger companies with $1 billion or more in revenue 'are on track to move anouther $1.1 billion in legal spending in-house.' This is on top of $5.8 billion moved in-house in 2013. The company also revealed that 58 per cent of general counsel surveyed said their companies were providing greater resources in-house. Last week DHL European GC Chris Bryans told delegates at the Future of Law Summit last week that his company aimed to do as much work in-house as possible. Sources: BTI ; Future of Law Summit

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