As Part of ‘Pervasive Trend,’ Companies Still Moving Legal Work In-House

Bloomberg BNA (Link to Full Article) In line with a three-year trend, large companies continue to move legal spending in-house, according to an early study of 2014-15 spending by the BTI Consulting Group.

According to a Sept. 15 BTI blog post, announcing the results of survey research conducted between March and September, “[l]arger companies, with $1 billion or more in revenue, are on track to move another $1.1 billion in legal spending in-house.” This is in addition to the $5.8 billion moved in-house in 2013.

Moreover, 58 percent of surveyed companies report a shift of resources in-house—up from 50 percent of companies in 2013—a move that shows that “in-house spending appears to be the new growth market” and that the in-house shift is a “pervasive trend rather than an idle experiment.”