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Strategies for Reducing Legal Expenses

Sponsored By The General Counsel, LLC

Topics:
Finance & Risk Management > Expense Management
Professional Services > Legal Services

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Abstract:
One cost that companies today should clearly be targeting is their legal costs. Legal fees charged by outside law firm have increased dramatically during the past decade or two. Rates at some of the bigger firms are $500 - $700 an hour for partners. The most profitable of the law firms boast profits per partner of a whopping $2,000,000. The legal fees for a simple transaction or garden variety litigation matter can be staggering.
DETAILS
Sponsored by: The General Counsel, LLC
Released: May 06, 2009
Length: 10 pages
Format: PDF (164 kb)
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