Legal Business

A buyers’ market – The trends and traumas in adviser reviews

The trend for reduced panels has seen law firms put through their paces by clients eager to drive innovation and control spend. Legal Business reviews the reviews

In-house teams may have grown in size and stature over recent years, but their external adviser panels are definitely shrinking. As a result, law firms find themselves increasingly at the sharp end during adviser reviews (see box ‘Cutting back’, below), with clients pushing for better rates, greater efficiencies and added extras.