Multiple forces, from geopolitical change to business model evolution to increasing department digitization through innovative technologies and artificial intelligence, are having an impact on business strategy and operations, and increasing the demands on legal departments today. Facing pressures to reduce risk, improve efficiencies, increase productivity, drive economic growth and enhance the customer experience, the opportunity now exists for legal, risk, regulatory and compliance teams to respond to these forces and reimagine the way in which they deliver services. They can achieve this by modernizing, simplifying and digitalizing their processes and functions, freeing up resources from focus on routine tasks and enabling their teams to focus on value-adding activities.
Here you will find a series of articles, publications and podcasts created for in-house legal leaders, delving deeper into these forces that are having an impact on businesses, and the opportunities in-house counsels have to evolve and reimagine their roles and functions for success.
In an increasingly complex business environment, how are legal departments ensuring they are structured for success? The proliferation of technology and automated solutions along with geopolitical shifts in the business environment is driving business to change how they work. In turn, legal departments not only need to understand and adapt to shifting structures, but also change their own models in ways that allow them to focus more on higher value work and opportunities to drive value to the business.