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What Is Up With The Auto Industry?

Posted in On The Inside

Corporate Legal Times reports on the 200 largest legal departments.  At the end of the report is a breakdown by industry of the number of attorneys in a company per billion dollars in revenue.  For example, in the Aerospace and Defense category, the listed companies average 4 lawyers per billion dollars in revenue.  Here are some others:

          Commercial Banks                   6 lawyers

           Forest and Paper Products     4

           Pharmaceuticals                       6

            Tobacco                                 3

             Industrial Manufacturing         3

             Automobile                          1

One lawyer per billion dollars!  Far and away the most extraordinary ratio in the group.   What is going on with the auto industry?