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Law firms that are fully transparent about costs can better cater to in-house counsel demands, but a big gap in expectations remains, IFLR data reveals
Lawyers who can help in-house counsel manage costs and budget stand out, but few meet client expectations in the UK, IFLR data reveals
Improving staff training for AI and ensuring legal advice fits in with business goals are key demands for in-house counsel when sourcing external lawyers
Exclusive data and analysis show that external counsel in Asia need a deep bench and a robust international network to navigate cross-border deals
Sources in Africa and Western Asia say businesses need to manage their legal budgets carefully to stay competitive in economically volatile regions
Sources in Africa, including from Guinness Nigeria, reveal that in-house counsel are demanding more cost transparency from law firms as businesses face budget cuts
DEI is a high priority particularly in regions seeing an influx of international businesses and challenges in talent retention
Sources reveal that law firms’ participation in community development and sustainability initiatives can earn the trust of in-house counsel
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