You are here

Thought leader

Virtually all large companies rely on a mix of in-house and external lawyers to meet their legal needs. For a general counsel set on achieving the best value for money for his or her company, getting the right combination of internal and external work is a continuing challenge.

5 October 2004

And, not surprisingly, the proportion of internal to external work does not remain constant. Data from the US shows that the proportions have altered. The mix of internal/external resources (based on fully loaded costs) has shifted from roughly a 55/45 split in the 1980s, to a 50/50 split in the first half of the 1990s, to some 60 per cent of the work being done externally since the mid-1990s.

Many larger law departments aim to handle in house as much as possible of their sophisticated, business-critical legal work. Not only are in-house lawyers more cost effective in these roles, they can also offer a service based on greater knowledge of their company’s industry, business operations, strategy and new product opportunities than external counsel. However, in specific circumstances, the additional cost of using a top-quality firm is a more appropriate choice. Typically, this is where cutting-edge legal knowledge is required for unusual or infrequently encountered...

Want to read on?

This article is part of our subscription-based access. Please pick one of the options below to continue.

Already registered? Login to access premium content

SUBSCRIBE for one User

Unlimited access to the entire SJ website for a full year for one user.

  • 10 issues a year delivered to you
  • Digital edition of the magazine for one user – sent to your inbox or accessible through the website
  • Access to premium content on the website
  • Access to the fully searchable online archive of Solicitors Journal, Managing Partner and Private Client Adviser, which spans over 13 years
  • Weekly email newsletter with all the latest news, analysis and features
  • Comment on SJ content and contribute to the SJ community online
  • Advanced search feature
  • Online support
  • Access to SJ app compatible with Android and Apple devices – coming soon!
  • 6 special focuses per year
  • Special offers and discounts on Solicitors Journal and IICJ events

Subscribe

CORPORATE SUBSCRIPTION

Your department or entire firm can subscribe to Solicitors Journal online, providing easy access for all who require it. Discount corporate subscription rates apply, based on number of users.

The Corporate IP Licence includes:

  • Digital copy of the magazine sent to individuals’ inboxes and accessible through the website. Solicitors Journal publishes 10 issues per year
  • Unlimited access to premium content on the website based on IP addresses
  • Unlimited access to the fully searchable online archive of Solicitors Journal, Managing Partner and Private Client Adviser, which spans over 13 years
  • Weekly email newsletter with all the latest news, analysis and features
  • Comment on SJ content and contribute to the SJ community online (username required)
  • Unlimited access to SJ app compatible with Android and Apple devices
  • 6 special focuses per year
  • Special offers and discounts on Solicitors Journal and IICJ events

The Corporate IP Licence is tailored to your firm, making it the most cost effective way for the firm to access Solicitors Journal, and enables the firm to remain compliant with copyright and our Terms and Conditions. This gives you the ability to print and circulate articles within the firm.

To enquire about a Corporate IP Licence for your firm, please contact our Subscriptions Manager on emily.beechey@solicitorsjournal.com.