Litigation budgets. Almost every client requires them, but what do you actually do with them? Do they get filed away with a checkmark to ensure that the law firm provided one? Do you enter the amount into your matter management system – without comparing actual spend to budget? Or do you have a robust system that allows litigation spend tracking and provides actionable intelligence on the management of your cases and law firm relationships? Litigation budgets serve multiple purposes, and identifying why you require them will help guide their level of functionality.