My sources at Special Counsel, formerly The Esquire Group have been telling me for months that attorneys are flocking to in-house jobs. Turns out, they're on to something.
According to the recently released 2008 Chief Legal Officer survey from Altman Weil, 49 percent of respondents plan to hire more lawyers in the next year. This is up from 40 percent in 2007.
Another 26 percent plan to decrease their use of outside counsel, which is a notable jump from the 16 percent in last year's survey.
The full report, which surveyed 126 chief legal officers between May and June, is available here.