For a study in contrasts, take a look at the corporate legal departments at Coca-Cola and UPS.
UPS keeps fewer than 100 in-house lawyers despite a market capitalization of about $93 billion. The company’s general counsel Norman Brothers Jr. said he likes the flexibility of outsourcing legal work and uses about 26 different outside law firms.
Meanwhile, Coca-Cola, with a market capitalization of $193 billion, employs more than 300 in-house lawyers who manage about 60 percent of its legal work internally, according to Ben Garren, general counsel for North America at Coca-Cola. He estimated the percentage to be higher than the average corporation.
Garren ...
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