Altman Weil (Newtown Square, PA), a legal management
consulting firm, and LexisNexis Martindale-Hubbell (New York) have
released "Altman Weil Law Department Metrics Benchmarking
Survey," an annual survey that tracks U.S. law department
expenditures, outside counsel relationships, operations and
staffing.
Altman Weil (Newtown Square, PA), a legal management consulting
firm, and LexisNexis Martindale-Hubbell (New York) have released
"Altman Weil Law Department Metrics Benchmarking Survey," an
annual survey that tracks U.S. law department expenditures, outside
counsel relationships, operations and staffing. According to results,
total expenditures for the largest U.S. corporate law departments were
up "significantly" with internal costs led by lawyer
compensation outpacing external expenditures. The survey also includes
data on expenditures on outside counsel, criteria in choosing outside
counsel, outside counsel evaluations, evaluation criteria, billing
arrangements, and staffing. The survey includes data from 144 companies,
reported by sales revenue, number of corporate employees, industry type
and law department size.
COPYRIGHT 2007 JK Publishing,
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Copyright 2007 Gale, Cengage Learning. All rights
reserved. Gale Group is a Thomson Corporation Company.
NOTE: All illustrations and photos have been removed from this article.
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