Study Predicts 5 Percent Growth in Legal Spending by Fortune 1000

Posted on May 9, 2009 by Gerry Riskin

 

Good news for some…  HOWEVER even with that increase:

"overall legal spending is expected to decline just 1.4 percent for the year."

Source:  ABA Journal Post referencing BTI PDF from which above image was extracted.

"In a press release, Michael Rynowecer, president of BTI Consulting, calls the findings “a big ray of sunshine in what has been a very stormy environment.” He cautions, however, that some law firms won’t benefit from the increase in spending."

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