Microsoft Legal Eagles Bit By Recession Bug
A company as big as Microsoft needs powerful and proactive legal counsel (see
vs. Uniloc,
vs. EU, or
vs. i4i for some of the more recent high-profile court drama). But the recession (there's that word again) had the company cross examining its legal bills. The result: hefty cuts to the tune of about $135 million and negotiations to reduce costs associated with outsourced counsel, according to
this blog piece in
Legal Week. That's more than half a billion if you take into account the Uniloc fine. There's no indication if the 450 lawyers who were axed are part of the
5K that Microsoft was going to let go, but I'm guessing it is.
Posted by Michael Domingo on 10/09/2009 at 11:59 AM