Forecasts for the global economy – and especially those of the US and Europe- predict low growth or stagnation at best and, in many cases, continued recession. However, there is often as much, if not more, work to be done – particularly as areas such as regulation and litigation increase for companies. Pay packets for general counsel and other senior in-house lawyers are reported to be shrinking. It is, therefore, no surprise to find that legal departments are taking a cautious view on recruitment as evidenced by the results our research which reveals little inclination to increase the lawyer count.
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