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Editor’s Note: This article examines the rise in Hart-Scott-Rodino (HSR) Act transactions in August 2024, reaching 218 deals—the highest since November 2023. For instance, the retail sector may scale back legal spending in response to declining consumer confidence, limiting their ability to manage compliance and litigation efficiently.
Additionally, we examine the impact of Personal Consumption Expenditures (PCE) on legal budgets and eDiscovery spending. By examining these interconnected factors, legal professionals can better understand and address economic pressures, manage risks, and leverage opportunities in support of their organizations and clients.
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