9. Law Firms Should Understand the Budgeting Challenges of their Clients

Consider the unique challenges clients are facing around managing budgets in a particularly difficult year. This lesson is intended to give you a peek behind the curtain at those challenges and suggest how outside counsel can help.

By Phillip Bantz | April 26, 2021 at 04:08 PM
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“We, for decades, have said, ‘[budget planning] depends and we don’t know.’ We have gotten kind of away from that for a really long time and I think right now we’re learning that’s not OK anymore.” — Lucy Bassli, former Assistant GC, Microsoft; founder of InnoLegal

When legal department leaders are looking to the future to the next year’s budget, they expect to contend with some cloudiness inside the crystal ball. But what lies ahead seems darker and more unpredictable than ever. And it’s enough to make even some of the most experienced general counsel anxious.

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