You are only 10 steps away from creating and implementing your legal budget. With just a little bit of careful planning - and our excel template - Legal Department budgeting has never been easier!
Download our 10 step guide and legal department budget template now to get started.
Download the white paper now
The Legal Department budget pain point
We know that when it comes to that time of year, preparing an annual Legal Department budget is a thankless task. You must find a way to come up with a spending plan that tries to account for the both knowns and unknowns associated with providing legal services to your organization.
With a smart framework, however, compiling the legal budget can be more than tedium and guesswork – it can be a powerful and thoughtful process for shaping the department you want to run: Slick. Savvy. Streamlined.
Budget season for corporate legal departments is a time of year when lawyers are expected to become both CPAs and clairvoyants.
Sterling Miller, Marketo, Inc.
Setting up your Legal Department Budget
We have developed a 10-step process for creating a legal budget to ensure your in-house legal team will be the most valued in your organization:
How to account for the long-term strategy
Properly planning the largest budget category - outside spend
How to monitor your legal spend throughout the year
Other business unit leaders
While every department, organization and accounting system are different, we have crafted this tool to provide you with a brilliant first draft for your discussions (and negotiations) with Finance.
Get your budget up and running and optimize the efficiency and impact of your in-house legal team
Steps to a Smarter In-House Legal Budget
Think long term
Account for your people
Plan for outside spend
Fund your technology tools
Account for knowledge
Document operating costs
Business Unit contributions
Roll over expenses
Download your free 10 step guide to a smarter legal budget
This white paper includes 10 steps to ensure your legal budget will help you shape the department that is right for building your team.
This resource also includes a legal department budget template, so you don’t have to start from scratch.
Complete the form and download the white paper to get started today.
Additional legal budgeting resources to help your team succeed
