Overtaxed counsel turn to secondments for help
Many believe law firms' loaning of attorneys to clients benefits both by solidifying relationship
During a time of economic uncertainty and belt-tightening, in-house law departments may find themselves increasingly turning to secondments to meet their corporate obligations.
A secondment, also referred to as a lend-lease agreement, is the loaning of an attorney from a law firm to a corporate client for a specific amount of time.
Usually, secondments occur because one of the in-house lawyers has left, gone on vacation or otherwise requires some time off.
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Authors: Susan T. Smith
Published Date: 02/22/2008