2005 May - Corporate dividends
The economy has picked up, at least in some sectors, but corporate budgets and internal hiring patterns still continue to shrink. As a result, in-house counsel are contracting out just over 30 percent of work to outside counsel this year. There was some good news, though. Of those who responded to our survey, almost 90 percent are receiving annual bonuses and 40 percent are getting stock options, at levels much higher than last year.