Law Departments Shift Money, Work In-House, Survey Says

By Jack Simony

More corporate businesses are taking their legal matters into their own hands and moving the legal teams in-house instead of hiring other companies, reported.

In a recent study, released by Altman Weil’s Chief Legal Officer Survey,  63 percent of the officers questioned said they had increased their internal budgets from 2009 to 2010, and 29 percent said they would decrease their use of outside firms in the coming year.

– By Jack Simony


About Jack Simony

Jack Simony is a hedge fund portfolio manager from New York City. More information and a full biography can be found by visiting
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