Many legal departments are moving away from traditional corporate budgeting systems, opting for more dynamic approaches that can better adapt to a rapidly changing business environment. According to Jason Winmill, chair of the Buying Legal Council, “Traditional corporate budgeting approaches can feel like dinosaurs in a world demanding legal departments perform like gazelles: fast, responsive and ready to pivot.” This shift signifies a broader trend within the legal industry aimed at enhancing efficiency and responsiveness.
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