Critical Insights on Legal Spend: Budgeting & Resource Allocation
September 14, 2022: 12pm - 1pm ET
Preparing your organization’s annual legal budget is a complex, challenging endeavour. Join us for a valuable panel discussion sponsored by LexisNexis to learn key strategies to forecast legal spend. Our conversation will provide an overview of the budget cycle and resource allocation process for in-house counsel, touching on key economic indicators for fall 2022 and 2023.
Our panelists will share their strategies and insights on how to justify or quantify legal spend, including:
-
Measuring legal department performance via different metrics to illustrate success (KPIs, external benchmarks, client feedback, etc.)
-
Demonstrating value through risk management and claim avoidance
-
Building a business case to invest in technology for the legal department using the LexisNexis Return-On-Investment Calculator