As former general counsel and legal innovator Jeff Carr tweeted the day after the above headline:
“OMG!… Wait, didn’t this story run in 1998, and 2001 and 2008 and 2014 and, well every year there’s a survey? Oh well, might be a slow news day.”
This is old news. Really old news. Though I guess it doesn’t hurt to run a survey for current, empirical confirmation.
According to a corporate general counsel group called “In the House” and LegalBillReview.com, 73% of in-house counsel believe their legal department are spending too much on their outside counsel.
Chris Colvin, head of “In the House”, offered some context:
“He noted that the survey was sent to in-house counsel before the pandemic caused by the new coronavirus began. He said he expects the number of in-house counsel who think they are spending too much on outside counsel would increase if the survey were done today.”