P2P

PeerToPeer_Spring_2026

Peer to Peer: ILTA's Quarterly Magazine

Issue link: https://epubs.iltanet.org/i/1544492

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P E E R T O P E E R M A G A Z I N E ยท S P R I N G 2 0 2 6 31 A t most law firms, finance headcount has grown faster than revenue over the past decade. Billing complexity has expanded, client guidelines have multiplied, and leadership expects deeper visibility into financial performance, all while the pool of available working capital sits locked in a billing-to-payment pipeline that hasn't fundamentally changed in years. Meanwhile, the industry's AI conversation has been almost entirely focused somewhere else: the practice of law. That conversation is important. But some of the earliest and most measurable AI impact is happening in the back office. Finance leaders who engage now are gaining a meaningful operational advantage.

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