Dealing With The Rising Cost Of Outside Counsel

Female Fingers Pinching and Bending a Penny

Ed. Note: Welcome to our daily feature Trivia Question of the Day!

According to Thomson Reuters 2024 Report on the State of the US Legal Market, what percentage of in-house respondents say they anticipate spreading legal work to lower cost law firms over the next 12 months?

Hint: The same report also revealed that billing rates increased 6% across the industry last year.

See the answer on the next page.

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