‘You’re fired! More firms get dumped’
By Leanne Mezrani, September 19, 2013
"A global study has found that more firms were fired this year than last, mostly due to price and budget allocation.
A total of 33 per cent of global companies dumped their law firm in 2013, up three per cent on the previous year, according to market researcher Acritas’ report titled Winning and Losing Business: Clients’ Candid Views on Why They Hire and Fire Their Law Firms.
Most (26%) in-house lawyers said that price and budget allocation was behind their decision. A further 19 per cent said they parted ways with a firm because it was simply too expensive.
Sarah Chisman-Duffy (pictured), head of Acritas Asia-Pacific, told Lawyers Weekly that cost remains top of mind for GCs, who face mounting pressure to do more with tighter budgets..."
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