Try this. Go to Start > Search > All Files/Folders. Now type in a Audio File that you know you have and click Search. This will give you the Path that you will Put into LW.
You'll need to Point LW to the Path of your shared/saved folder. Mine for instance is L:\Shared.
Go to Tools > Options > Saving. Now, type in the path where it says... "Choose Folder for Saving Files" Apply > OK
Hope this Helps.
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