Legal valuation and cost centers: how to demonstrate value and correct budget distortions

On executive boards and committees, it is increasingly common to hear questions about legal costs. What is rarely asked, however, is how much the company's legal department is worth. The answer, in many cases, remains imprecise. And not because of the lack of relevance of the sector, but because of the absence of objective criteria that measure this amount with the same naturalness with which financial or commercial performance is evaluated. The…