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.