GCs: Big Firms Getting Hired Over Competitors

Bloomberg BNA (Link to Full Article) Higher rates may not be deterring companies from selecting larger law firms when it comes to new work, according to an Aug. 12 BTI Consulting Group blog post.

As part of an ongoing annual survey of corporate counsel at companies with more than $750 million in revenue, BTI found that in the last year, 60 percent of law firm hires went to firms with 650 attorneys or more, even though these firms are billing nearly a third more per hour than their mid-sized competitors.