Chief financial officers and financial managers face big challenges when it comes to legal spend management. The necessary cost of protecting a company from a lawsuit, intellectual property dispute or other legal issues can be difficult to forecast and manage. The in-house legal department is accountable for a favorable resolution, while the finance department is accountable for the company’s bottom line, and this can cause a budgetary disconnect between the two departments.
The Counsel Management Group is uniquely qualified to bring legal departments and finance departments in balance. Our decades-long experience as both in-house legal counsel and outside litigators provides us (and you) with valuable insider insight. We know how to negotiate with outside counsel and reduce inefficiencies, without sacrificing the quality of legal representation or valuable relationships with trusted law firms.
CMG’s combination of Legal + Finance expertise, along with its proprietary AFADATA system, help more accurately forecast legal spending, sustainably reduce legal fees, and manage costs in ways that both lawyers and finance managers can agree on.