By Matthew Prinn Buying Legal Counsel (Buying Legal) is the international trade organization for legal procurement best practices for buying legal services and technology. In its recently released 2021 Marketing Intelligence Report, it takes a deep dive into the minds of buyers of legal services: legal procurement professionals. These professionals […]
Clients
Large law firms were broadly able to boost billing rates by an average of nearly 4% last year while posting their highest realization rates since the Great Recession. And it wouldn’t be surprising if law firms try to raise billing rates just as much or more in 2022, especially as inflation surges, elite […]
In the new “Canada Law Firm Brand Index”, we see how buyers of legal services in Canada are looking to their outside counsel for practical business advice and localized legal knowledge across multiple jurisdictions. Before the global pandemic, it was a bit easier to decipher what corporate clients wanted from […]
Highest outlook for outside legal spend increase in five years Average UK corporate client spends £10 million (US$13 million) annually Understanding of clients’ business and use of technology are top drivers of firm favourability LONDON, April 14, 2022 – Corporate clients expect to increase their UK legal spend this year, […]
After being forced into conducting litigation online during the global COVID-19 pandemic, many clients are now open to continue litigating in a virtual environment when the pandemic ends, according to a new study. The study, commissioned by insurance law firm Wilson Elser Moskowitz Edelman & Dicker, found that clients in […]