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Industry: Email Alert RSS FeedAltman Weil (Newtown Square, PA), a legal management consulting firm, and LexisNexis Martindale-Hubbell (New York) have released "Altman Weil Law Department Metrics Benchmarking Survey," an annual survey that tracks U.S. law department expenditures, outside counsel relationships, operations and staffing.(News in Brief)
Legal Publisher, November, 2007
Altman Weil (Newtown Square, PA), a legal management consulting firm, and LexisNexis Martindale-Hubbell (New York) have released "Altman Weil Law Department Metrics Benchmarking Survey," an annual survey that tracks U.S. law department expenditures, outside counsel relationships, operations and staffing.
According to results, total expenditures for the largest U.S. corporate law departments were up "significantly" with internal costs led by lawyer compensation outpacing external expenditures. The survey also includes data on expenditures on outside counsel, criteria in choosing outside counsel, outside counsel evaluations, evaluation criteria, billing arrangements, and staffing. The survey includes data from 144 companies, reported by sales revenue, number of...
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