Corporate Counsel magazine has announced the winner in its second annual selection of the best US legal department. Out of 500 legal departments who were invited to participate, 30 responded, with self-nomination materials. The winner: GE. As the … [Continue reading]
Who gets the work?
The Connecticut Law Tribune provides an interesting glimpse into the world of how GCs select law firms. A good summary of the process: Farming out legal work, a survey of 41 companies based in New England and subsequent interviews with their … [Continue reading]
Private Equity and Regulation
All big gifts come with some strings attached. Late last week, TXU Energy was forced to disavow a regulatory filing due to objections from private equity buyers Kohlberg Kravis Roberts and Texas Pacific. TXU gained notoriety this year when the … [Continue reading]
From OffShore to OnRamp
Last time, I looked at major companies that are showing an increasing interest in sourcing their work globally. Today, a gaze into the rearview mirror on a stateside initiative that is gaining traction: Legal OnRamp. More than just a website, … [Continue reading]
Outsourcing Moves Up the Value Chain
Yesterday, auto supplier Delphi announced that it was sending 650 corporate accounting jobs to India's Genpact to consolidate some of its finance workforce in a more lower-cost (and still high quality) environment. Today the New York Times looks … [Continue reading]
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