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Corporate

Oct. 5, 2012

Corporate legal spend on the rise, survey finds

Corporate legal spending is finally on the rise in the United States and worldwide, according to a survey released Friday by HBR Consulting.


By David McAfee


Daily Journal Staff Writer


After years of stagnant or decreasing legal spending spurred by the recession, many corporations are devoting more money to legal needs across the board.


A survey of law departments by HBR Consulting found that legal departments around the world increased total legal spending by 5 percent from 2010 to 2011, returning to levels reported in 2009.


An improving economy and increasing law firm fe...

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