A company’s legal department is often considered a cost center, and in businesses that have higher risk for litigation, legal costs can put the entire business at risk. For this reason, it is important for legal and finance to be aligned, particularly when it comes to budgetary considerations, executives at new law provider Axiom said in a recent conversation.
For Axiom, this alliance between legal and finance is not just a matter of convenience but a strategic imperative for safeguarding the company’s interests in an ever-evolving regulatory landscape. The cornerstone of this collaboration lies in the shared goal of mitigating risks and supporting business initiatives.
