Corporate legal departments are keeping more work in-house these
days to reduce costs. For many, this means more work and fewer people
to do it. To that end, many companies are taking advantage of the high
quality of talent on the market now by increasing the use of contract
attorneys.
While using outside counsel is still a
necessity for certain highly specialized work, many corporate law
departments are re-evaluating and increasing the work can be done
internally. Often, that work consists of routine matters, such as
patent applications, document reviews, low-level litigation and
contract administration. However, as law departments lean more heavily
on temporary legal professionals, the project work is not always
routine. With increased federal regulation, more companies are
turning to contract attorneys to handle large projects, such as
corporate investigations and transactional due diligence. When the
project is completed, the contract lawyers are released.
“Our company has seen a dramatic
increase in the use of temporary attorneys and paralegals by corporate
clients,” says Joe Freedman, Chairman of AMERICAN Legal Search, LLC,
a national legal search firm and recruiting industry leader. “The
talent pool is better than it’s ever been, and our clients are taking
advantage of it.” Freedman added.
As the work product quality generated
by contract lawyers increases, temporary legal teams may play a bigger
role in corporate law departments. With a continued emphasis on
cost-minimization, this may be a catalyst that changes the legal
industry.
Leopard Law Blog has republished this article from 'Law Department Search', from Sapire Search Group.