GC’s Likely to Spend More on Outside Counsel This Year

According to a survey report by the Association of Corporate Counsel and reported in ALM’s newspaper in San Francisco, The Recorder, in-house attorneys across the country report that they'll be giving more work to outside firms this year. The survey found that 25 percent of in-house counsel plan to increase their use of outside counsel, up from 16 percent last year. There's speculation that SOX is the central reason.