Articles #expenses

The legal department is often viewed as a financial cost center that protects a company from legal risks, but it is not a revenue generating component. However, if the legal department is redefined and strategically reoriented, it can become a revenue center that directly contributes to the financial performance of a company. In this article, I share my vision of how this transformation can be achieved and the steps that the legal department can take to become a pivotal component of a company’s sustainable growth.