Legal Economics

Procurement & Spend Benchmarks

Collections and inventory turn pricing into working-capital strategy

Wells Fargo’s data shows inventory rising faster than revenue, with unbilled work up 15.

BY ECONOMICS DESK · MAY 28, 2026 · 1 MIN READ

Wells Fargo’s data shows inventory rising faster than revenue, with unbilled work up 15.9% overall and 17.8% among top-50 firms. For finance and pricing leaders, billing discipline, phase budgeting, matter closeout and client payment terms are now part of pricing strategy because rate growth does not become profit until it is collected.

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