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Accounting and Financial Planning for Law Firms

Features

The Business of Legal Spend: How Finance Professionals Can Drive Smarter Outside Counsel Management Image

The Business of Legal Spend: How Finance Professionals Can Drive Smarter Outside Counsel Management

Suzanne Ganier

Legal spend has become a core business issue that now shapes financial planning, operational decision making and risk management. What once lived primarily in the legal department has become a shared responsibility across client legal, finance, and operations teams and their outside counsel.

Features

'Shadow AI' Highlights Importance of a Comprehensive AI Governance Policy Image

'Shadow AI' Highlights Importance of a Comprehensive AI Governance Policy

Robert Padilla

Many law firm leaders insist that artificial intelligence has no place in their businesses; however, common applications employed daily may be using AI without them knowing. This phenomenon, often referred to as “shadow AI,” highlights a growing risk for firms that have yet to develop comprehensive governance strategies for artificial intelligence.

Features

Build Networking Connections In 2026 Without the Stress Image

Build Networking Connections In 2026 Without the Stress

Sharon Meit Abrahams

For lawyers, networking is still one of the most dependable and effective ways to generate new business and build a steady pipeline of referrals. Yet many attorneys feel uneasy or self-conscious when walking into a room full of unfamiliar faces. The encouraging news is that networking confidence is a skill that improves with preparation, awareness and practice.

Features

RFPs Are Surging, But Not All Are Productive Image

RFPs Are Surging, But Not All Are Productive

Trudy Knockless

Formal requests for proposals for in-house legal work are surging in popularity, but their effectiveness still comes down to whether legal teams are using them strategically — or just filling out spreadsheets.

Features

What’s Behind All the Recent Law Firm Mergers? Image

What’s Behind All the Recent Law Firm Mergers?

Paul Hodkinson

After decades of relatively muted activity, the legal industry has witnessed three major law firm mergers in the space of a single month. So what is going on?

Features

Rate Volatility Puts Legal Market At Crossroads Image

Rate Volatility Puts Legal Market At Crossroads

Jon Campisi

The legal market finds itself at a crossroads as rate volatility, reputational premiums and the increased impact of artificial intelligence are expected to reshape the rules of client engagement in the coming year, according to a new report by Wolters Kluwer.

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