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Legal Spending Trends

By Kris Satkunas
December 31, 2013

Recently, the LexisNexis CounselLink division published a study of the spending patterns of corporate legal departments. The study unveiled macro-economic trends about the shifting spending habits from the largest category of law firms to those that are “Large Enough.” The basis of the analysis was two million invoices, covering 300,000 matters, which were valued at more than $10 billion in legal fees.

What Is a 'Large Enough' Law Firm?

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