Let's connect at LVNx 2025

Matter Budgeting: The Key to Sustainable Profitability

Firms using structured budgeting recover up to 12% more revenue on average. Firms that lack a clear budgeting strategy experience lower realization rates, increased client pushback, and unexpected financial shortfalls. This session is crucial for firms seeking to improve financial predictability and maximize profitability.

We’ll explore BigHand’s latest market research findings on legal profitability trends such as:

• 75% of firms recognize the need for more Alternative Fee Arrangements (AFAs), yet many struggle with implementation.
• 86% of firms plan to hike prices next year, but with 75% anticipating more write-offs, there's a risk of falling into the "doom loop" where rate increases are offset by discounts to protect client relationships
• Just a third (34%) have dedicated training programs in place for associates to provide education on key financial performance information.

We’ll also uncover how leading firms use pricing and budgeting tools to create accurate matter cost estimates, track expenses against budgets, and reduce financial uncertainty. Learn how technology can drive stronger profitability by improving resource allocation, reducing write-offs, and ensuring predictable revenue streams.

If your firm isn’t leveraging advanced budgeting tools, you’re leaving money on the table. Attend this session to learn how to turn financial insights into action and protect your bottom line.

Thursday September 25, 2025

11:30AM - 12:30PM CDT

Speakers:

Rob Stote Chief Product Officer, BigHand

In-House Legal Leaders Panel: What Clients Expect on Pricing & Value

As legal departments face tighter budgets and growing demands for cost transparency, expectations of outside counsel are evolving. Join industry expert Rob Stote as he leads a panel of in-house legal directors sharing what they need from law firms in terms of pricing, budgeting, and value delivery.

Why this session is vital for you:

• Gain firsthand insights into how corporate legal teams evaluate law firm pricing.
• Learn what clients consider “true value” and how firms can align with expectations.
• Understand how transparency, predictability, and alternative fee arrangements impact client-firm relationships.

Get the inside perspective on what clients really want, don’t miss this essential discussion!

Thursday September 25, 2025

1:45PM - 2:45PM CDT

Speakers:

Rob Stote Chief Product Officer, BigHand

Beyond Billable Hours: Smarter Legal Pricing & Budgeting in Action

With rising write-offs and growing client expectations, law firms must embrace data-driven decisions to stay competitive and meet the demand for cost predictability. In this educational showcase, see how BigHand’s legal pricing and budgeting technology empowers firms to drive profitability, reduce write-offs, and enhance transparency, all while meeting client demands for more predictable costs.

What you’ll learn:

• How to create data-driven budgets that improve realization and reduce write-offs.
• The power of AI-driven pricing insights for smarter financial decision-making.
• Real-world examples of firms increasing profitability with BigHand Matter Pricing. 

Join us for a live demonstration and discover the future of legal pricing!

Thursday September 25, 2025

3:00PM - 3:45PM CDT

Speakers:

Rob Stote Chief Product Officer, BigHand