New general counsel and in-house lawyers in charge of panel reviews are making their mark in 2014, and it’s largely by chopping advisers off their panels.
Research compiled by The Lawyer for our exclusive feature shows that 23 out of the 38 general counsel involved in panel decisions this year were appointed during or after 2012.
GCs that assumed their roles from 2012 onwards certainly seem to have found their feet and making far-reaching decisions.
In terms of pure numbers of firms on panels, 11.3 was the average number this year, but an overall reduction means that the most likely number of firms on a new panel is now less than 10.
With fewer spaces on selective panel reviews, firms are treading carefully to avoid ending up out in the cold.
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