11/28/2023 0 Comments Bloomberg terminal alternative free![]() Corporate legal departments will likely find themselves cutting costs due to reduced operating budgets. ![]() Why This Downturn Could Be Unique for AFAsĬorporations are especially cost-sensitive these days, taking numerous actions to preserve their financial security, including furloughs and lay-offs. However, a significant increase in AFA use was similarly predicted during prior downturns but never materialized, so why might it occur here? ![]() With cost factors being the primary drivers of AFA usage from the perspective of corporations, it is likely that pressure on firms to reduce their bills will increase, and this pressure could result in more AFAs.
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