The Daily Caveat is written by Michael Thomas, a recovering corporate investigator in the Washington, DC-area.

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11/12/2007
Bad Time to Be Corporate Lawyer
Nearly two thirds of the largest U.S. firms dumped one of their outside counsel in the last year and a half. Only a third would even recommend their outside counsel to a colleague. And over half have fired a firm in the last year.

Portfolio magazine has the interesting details from recent surveys by BTI Consulting Group and the Association of Corporate Counsel that detail rising levels if dissatisfaction with corporate counselors.

-- MDT

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