More corporate legal departments have bigger budgets than a year ago, but they're more determined than ever to contain costs from outside law firms.
When a large practice group leaves a local law firm, they're often either establishing a boutique firm or paving entry for a large out-of-town firm. But three of the area's biggest recent departures, reflecting more recent trends, were flights to other Pittsburgh firms.
Bonds were part of the story for investing in 2010, but the consistent theme among local money managers was fine-tuning rather than drastic changes to produce impressive results.