In-House or Out-of-House: Navigating the Changing Landscape of the Legal Industry




Deloitte Insights Podcast show

Summary: With the economic downturn impacting almost every industry, businesses have been challenged to cut cost while maintaining a strong enterprise. Some companies are reducing costs by bringing work normally performed by outside counsel or vendors in-house. As more companies do this, relationships between law firms, vendors and corporate legal departments are changing. Highlights: Many have speculated that the current downturn and corporate investigations resulting from failing businesses will lead to increase litigation in the next few years. In what areas might litigation be most prominent? As budgets tighten, what can law departments do to reduce costs without increasing their company's risk exposure? How can law departments capitalize on their information technology investments? Guests: David Williams, chief executive officer, Deloitte Financial Advisory Services LLP Mark Califano, head of Litigation, GE Capital