The legal spend landscape for 2022
Legal departments in financial services have matured over the pandemic, but seek greater control by leveraging technology and data to make strategic decisions.
Without a comprehensive understanding of spend in real-time, legal departments lack the security of feeling in control, and struggle to utilise data to make informed, strategic decisions.
Key findings include:
- The top five barriers to obtaining a comprehensive understanding of legal expenses
- Why controlling legal spend is seen as more important than reducing costs
- Effective techniques for controlling legal costs
- How investing in tech can help in-house legal teams scale effectively and control legal spend
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