Think like a CFO: Considering Finances in CLM Development

 

In 2024, everyone is tightening their belts. The slow economic rebound post-pandemic, inflation, and other economic challenges mean that Chief Financial Officers are looking to save an extra dollar when possible. Yet, despite the difficulties presented, it’s more than possible to still create an environment that fosters efficient CLM. Justin Schweisburger, Chief Revenue Officer at Pravta, gave us insight into how we can put our CFO hat on in these tough economic times.

In-house counsel, what are ways that you have managed to innovate under financial constraints?

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