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"Legal Budgets: A Strategic Asset for CFO Value Creation"

Transform legal from cost center to profit driver with data-driven budget strategies

Legal departments are no longer just expense line items—they're becoming strategic value creators. But the transformation requires CFOs and legal leaders to speak the same language about budget authority and ROI measurement.

This comprehensive study of 530 senior legal and finance executives across eight countries reveals a critical disconnect: while 89% of legal leaders rate CFO relationships as excellent, only 29% of departments achieve true value-based performance. The gap between good relationships and strategic results is costing companies measurable returns.

In this report, you'll discover:

• The CFO-Legal Partnership Paradox: why strong relationships don't translate to strategic alignment
• Budget authority misalignment that limits value capture by 18 percentage points
• How mature legal departments allocate 24% more budget to cost-effective alternatives
• AI implementation strategies that avoid the $0-budget trap affecting 78% of departments
• Proven frameworks from the 29% achieving measurable business value

This report reveals findings from a Harris Poll global survey of over 500 General Counsel, Chief Legal Officers, Deputy General Counsel, and Chief Financial Officers across eight countries, including the U.S., UK, Germany, and APAC regions.

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