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Resurrection of online auctions for legal services?

Maybe the rumors of the death of online auctions for outside counsel are premature. It has been reported that Dell, at least its European legal function, is conducting a review of its external counsel “by purely electronic means according to a set of strict rules.” This from Corp. Counsel, Vol. 16, June 2009 at 57, which informs us on the next page that BT Group PLC has “kicked off a sweeping review of its outside legal providers, piloting an eBay style online auction for its real estate roster as part of the process” (See my post of May 21, 2007: auctions with 7 references.).

General counsel may cringe and jeer; procurement may applaud and cheer.