O in-house corporate counsel, how we yearn to know what’s in your heads.
That desire has long been held by lawyers and law firms. And in a tough economy, the yearning gets raised a few octaves more.
I wrote before about a recent corporate counsel panel discussion in Phoenix. There, we explored a number of topics. Of most interest to the assembled lawyers, though, were questions about how corporate counsel choose to hire—and fire—outside counsel.
An insightful article in the Harvard Business Review came to my attention (thanks to legal strategist Dee Schiavelli). In it, the author says that we’re in the age of the in-house counsel. He argues that they have eclipsed the powerful stature of the outside law firm.
For more evidence that our panel was on the right track, here is an article from the ABA Journal that explores “four reasons why general counsel fire their law firms.”
Intrigued, aren’t you? Let me know if there are reasons that the author fails to mention.Follow @azatty