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Corporate America Tries to Chip Away at Lawyer Bills

With first $1B legal charge on horizon, companies create new fee structure

By Drew Nelles,  Newser Staff

Posted Jul 15, 2008 8:18 PM CDT

(Newser) – With corporate legal fees skyrocketing to unprecedented heights—the median amount big companies forked over per outside lawyer in 2007 was more than $600,000—firms are moving to exert some measure of control, Portfolio reports. Some of America’s biggest businesses are taking dramatic...   Read full story »

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