GCs Cut Ties With Some Firms In 2013, Report Shows

Law360 (Link to Full Article) Corporate clients in 2013 dropped an average of seven law firms, including two “core” firms and five smaller players, from their outside counsel rosters, leaving 47 firms to handle their legal needs, according to an upcoming report.

The BTI Consulting Group Inc. (Wellesley, Mass.) interviewed approximately 250 corporate counsel from 236 organizations for its Benchmarking Corporate Counsel Management Strategies report and found that respondents reported using 36 minor firms and nine core-secondary firms on average in 2013, down from 41 and 11, respectively, in 2012.