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In related news, according to figures supplied by Incisive's new unit.(News in Brief ...)


In related news, according to figures supplied by Incisive's new unit, the median internal cost of operating an in-house law department at a large company grew to $381,618 per lawyer, a 10% increase over the previous survey year. The "2008 Law Department Metrics Benchmarking Survey," produced by Incisive Legal Intelligence (formerly Altman Weil Publications), reports that lawyer compensation and benefits, the biggest component of internal expenditures, was up 14% to a median of $356,205 per lawyer, while almost half of the participating companies reported no increase in the size of their attorney staff during the survey period and another 30% hired only one lawyer. Median external expenditures for large companies were up 14.4%, going from $616,519 to $705,270 per lawyer with outside counsel fees on litigation up 37%, on intellectual property up 15% and on mergers and acquisitions up 12%).

COPYRIGHT 2008 JK Publishing, Inc Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.

Copyright 2008 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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