Legal spend control is moving earlier in the matter lifecycle

Onit’s Legal Spend Spiral argues that spend pressure builds quietly through disconnected systems, manual review and lagging insight before it appears in missed forecasts and piled-up invoices. The procurement lesson is that matter economics have to be monitored across intake, matter progress and invoice patterns before the budget review turns into a post-mortem.

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Source references

• Thomson Reuters Institute: 2026 State of the UK Legal Market
• PERSUIT: 2026 Global Outside Counsel Rate Trends
• PERSUIT: Structure Pricing & AFAs
• Brightflag: 2026 Outside Counsel Benchmarking Report
• BigHand: Legal Firm Predictions 2026, Pricing & Budgeting
• LawVision: 2025 Pricing Survey
• Above the Law: The Am Law 200 Second Hundred financial performance
• Passle: The Collaboration Gap report release
• Attorney at Work: Partner Compensation and Law Firm Succession
• Above the Law: A&O Shearman and nonequity partnership tiers
• Above the Law: Lateral partner attrition and integration economics
• Fairfax Associates: Q1 2026 Law Firm Merger Report
• Taft: Taft Completes Merger with Morris, Manning & Martin
• BTI Consulting: Leading-edge Legal Market Reports
• Onit: The Legal Spend Spiral
• Thomson Reuters Institute: Law Firm Rates Report 2026