2003 Legal Services Spending Assessment Survey (LSSA) Reports an Increase in Spending For Outside Counsel.

Boston, MA December 24, 2003 – 2003 Legal services expenditure assessment (2003 LSSA), a recent study by Benchmark Corporate, public counsel, Counsel and Ceme, Center for Marketing Effectiveness, General Counsel survey of large U.S. companies had to reveal more pressure on companies to reduce costs of external consultants. But observe, despite the reduction of efforts for the continuation of a majority vote of the General Council to increase the cost of outside consultants. In a study published by American Lawyer Media Corporate Advisor, examines the problems companies are looking at the wall for their legal expertise.

In 2004, more than 70 percent of respondents to a substantial increase in costs is expected, california pro bono lawyer, in the regulatory, securities and corporate transactions. In addition, the 2003 LSSA suggested several reasons,, public counsel, most of the current economic situation "for the increase in expenditure on external consultants: OAN Driven increase oLegal problems specializes expertiseoInternal, public counsel, redundancy after the trial, General Counsel refers to the quality of work and the results as the two most important factors for treatment in the selection of external consultants, and the rate above criteria, the cost and cost synergies.

Corporate Counsel also reported that the investigation of the serious consequences of the dispute, the main achievements becomes.The study shows that the overall, public counsel, evidence is largely influenced by the efforts of law firms, brands and promote their, public counsel, services, sites, and publication rates far lower than the normal transmission route and personal contacts to decision-making in the fight against the persistence of the external side. Summary of results obtained in 2003 LSSA: Trends 1.

General costs. Legal Department more money on external consultants in 2003 than in 2002, this trend will continue in 2004. And 60% of respondents spend more than half of the total legal, public counsel, costs of the company on external counsel.2.Spending, public counsel, practice. Demand for external consultants to a large extent, public counsel, determined by law (60% expect an increase in 2004) and corporate governance (40% expect, california pro bono lawyer, an increase in 2004) issues. 20% expect that intellectual property, to reduce costs in 2004, in relation, public counsel, to external factors counsel.

3.Retention. Quality of work (95.6%), results and customer service (both 86.7%) Drive external retention consultants "more than the value (71.1%) and value (62,2%). The significance of this finding is to strengthen for bids – antitrust.4.Selection things as business and regulatory factors. Only 14% of the general counsel (which basically refers to the selection of external consultants responsible for this) set the focus on traditional activities associated with law firms in branding is somewhat less commercial channels, such as the transfer and use of personal contacts, rather than consultation with existing web sites business.

5.Industry spend. companies operating in the healthcare and insurance companies have experienced the greatest increase in expenditure on external consultants, the total cost in the automotive and telecommunications industries sectors.Efforts further confirmation of the results of the 2003 LSSA will be implemented over the coming months. For more information or a copy of this report, please contact Laura Steiglehner Ceme, Center for Effective Marketing, 617.308.3168, laura.steig @ cemeinfo.com. EffectivenessThe About Center, Center for Marketing Effectiveness (Ceme marketing) is a business-business consulting firm, results-oriented marketing strategies for various industries provides.

Ceme Marketingsm On Demand portfolio enables companies to reduce total cost of ownership for marketing, while increasing the quality and efficiency. www . cemeinfo.com corporate CounselorThe Corporate Advisor, a division of American Lawyer Media publishes a monthly newsletter addressing the diverse needs of lawyers. Lawyers Lawyers published each newsletter, public counsel, contains articles by leading experts in their field. A professional team of experienced lawyers and editors that they are analyzing the recent cases, precedents and decisions and easy to read to their readers in a timely

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