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Proactive and precise financial planning is an essential capability and a strategic tool necessary for success in today’s organisations. Unlike other departments where expenses can be forecasted with a fair degree of accuracy, managing a legal budget is challenging given the evolving nature of legal matters. Yet, it is this unpredictability that underscores the power of a predictable legal budget. This article will explore several strategies and steps that in-house legal leaders can employ to embed structure and processes that...
