5 Ways To Know If Your Company Needs Legal Spend Management

When strung together, legal spend management can sound daunting and intimidating. To break it down, it’s the simple act of managing your company’s legal budget. Legal spend management has been around as long as litigation has (so, forever), but it’s now being recognized as a necessary solution for companies with a lot of litigated claim files on hand. What is Legal Spend Management? Legal spend management, litigation cost management, cost containment, or claims management, is keeping track of and understanding all cost data surrounding a company’s legal matters. For a large corporation who may see many litigated claims, it’s important to know both micro and macro data, including but not limited to: Which lawyers are on the case The current…


Jackelyn Ho