White paper
Legal spend management: Doing more with less
General counsel and their teams are facing escalating regulatory complexities, cybersecurity risks, and unpredictable global markets. At the same time, in-house legal teams face mounting pressure to reduce costs and improve operational efficiency. The familiar refrain of doing more with less has become all too common, as legal departments must now navigate heightened responsibilities while delivering greater value to the business.
To fulfill their new responsibilities as strategic business partners tasked with safeguarding the organisation while maintaining finances, legal departments must make a fundamental shift in how legal resources are managed and expenditures controlled.
This white paper explores how modern departments can use spend management tools to:
- Provide real-time visibility into legal costs
- Track expenses across external counsel, alternative legal providers, and internal operations
- Centralise and automate invoice review
- Enforce billing compliance, prevent overbilling, and identify cost-saving opportunities
Learn how these tools can help your team benchmark spending against industry standards, negotiate better rates, enable accurate forecasting, and allow your team to make consistent, data-driven decisions that enhance overall value.