Xakia Blog

Offering Simple, Practical Information For Legal Departments

Vexed by Budget Uncertainty? When – and How – to Use Fixed Fees

October 10, 2018 Jodie Baker
Lurking in every Legal Department budget is a giant uncertainty: the outside counsel spend. According to Altman Weil’s Chief Legal Officer Survey, law firms account for 49.3 percent of legal budgets...
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Guest Post: Three Elements Critical for Managing External Spend

September 26, 2018 Nathan Wenzel, SimpleLegal CEO
The unpredictability of legal activity has been the top reason in-house teams struggle to accurately predict legal spend. But, this is changing, especially with the rise of legal operations. Legal...
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Budget Benchmarks: Where do you Stand?

August 28, 2018 Jodie Baker
Budget season approaches – and soon it will be time to turn your attention from the law to the ledger. According to Audit Analytics,...
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Measuring Legal Tech ROI

August 13, 2018 Jodie Baker
On its face, ROI seems pretty straightforward – a basic math equation that determines the ratio between an investment’s profit and its cost. But with legal technology, this can get a little nebulous:...
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Q1 nearly over:  where is your legal budget?

March 6, 2018 Jodie Baker
A recent survey by the Association of Corporate Counsel asked in-house lawyers a simple question: “Is your department spend within budget?” While 54 percent said yes, 37 percent said no, and perhaps...
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