In-House Legal Teams in Private Equity are Held Accountable for Outside Counsel Costs but Lack Authority to Manage Expenditures Finds Study by Apperio
In-House Legal Teams in Private Equity are Held Accountable for Outside Counsel Costs but Lack Authority to Manage Expenditures Finds Study by Apperio Share Article Certain Legal Projects ‘Always’ Go Over Budget; Trilateral Relationship Structure and Distributed Authority in PE Surfaces Business Need for Live Legal Spend Data This puts inside counsel in a tough spot because the finance team is leaning on their lawyers to control outside law firm costs, but the deal teams are frequently instructing outside counsel directly and comparing their relative value in isolation. Past News Releases...