Home » Tag Archives: outside counsel

Tag Archives: outside counsel

M&A Surges, Outside Hiring Cools: ELM Trend 2015 Year-End Highlights

counsellink_trends_report_2015yearend

Mergers & Acquisition activity is often subject to big ebbs and flows. And, that’s what we are seeing now. While Q1 2016 is showing a rather quiet period for M&A, 2015 was a boom year for M&A according to the just-published CounselLink Enterprise Legal Management (ELM) Trends 2015 Year-End Report. This new report shows that that fees paid for M&A ... Read More »

5 Legal Spend Questions with Stuart Maue

Stuart Maue

That legal department budgets have faced increased scrutiny in the last several years isn’t new. However, how corporate legal has responded is usually interesting. The LexisNexis® CounselLink® business recently teamed up with St. Louis-based Stuart, Maue, Ltd., which provides outsourced legal bill review capabilities.  The CounselLink product is well-known for the strength of its automated bill review capabilities to review ... Read More »

Trends in Legal Spend from a Law Department Survey

Trends in Legal Spend from a Law Department Survey

Overall corporate legal spend has increased modestly but that spend has largely gone toward inside counsel, according to the 2015 HBR Law Department Survey. Total legal spend grew by 2% worldwide – which mirrors the findings in last year’s survey.  The survey announcement provided a summary in the form of median numbers: “The median total legal spending was $27 million ... Read More »

In Evaluating Outside Counsel, Corporate Legal says Relationships Still Matter

Evaluating Outside Counsel Corporate Legal says Relationships Still Matter - header

We recently asked corporate legal departments what they thought are the most important evaluation factors in selecting outside counsel. The answer is, as the chart nearby indicates rather resoundingly, relationships still matter. Top Factors for Evaluation Outside Counsel It’s important to note this question was a ranking question where the lower the number the better. When asked to rank a ... Read More »