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In the pre-2008 world, General Counsel (GC) at many firms enjoyed a cosy ‘you scratch my back, I scratch yours’ kind of relationship with their law firms. Scrumptious ‘business’ lunches, leisurely ‘meetings’ at golf courses – these were all part of the ‘relationship-building’ exercise.
Then 2008 arrived and with it came the crash – of markets, of business lunches and even of golf course meetings.
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