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There are two options that I can think of to get the a legend to look the desired way. One is by creating to worksheets, one with just the labels and one with just the colors, and place them next to each other on the dashboard. Another option would be to create and image of the how you want the legend to look and insert it into the dashboard.
Hope this helps a bit!
Thanks, Tracy. I didn't know if there was an option that I was missing for this, like the option they have for displaying the innermost level of headers at the bottom...