What Will the In-House Legal Department of Tomorrow Look Like?
Abstract
How many articles read, how many conferences attended around this question about a vision of the future of in-house legal counsels; but what concrete actions do we need to integrate today to prepare for tomorrow? Traditional hot topics of General Counsels are well known: budget constraints, ensuring compliance in an increasing complex world with more and more regulations, sanctions more and more applied by the authorities, more and more aggressive and competitive markets…. If we look back a couple of years to the evolution of legal practice of in-house counsels, a lot has been already done: efficiency programs, tools, templates, processes introduced to work in a more effective manner. Is that enough? Will the lawyers of tomorrow continue to be the local jurisdiction expert? Or is their role meant to grow? General Counsels have to integrate and anticipate these challenges today to build on the legal department of tomorrow. The in-house legal counsel of tomorrow will be from the Z-generation, with more and more international skills and mindset, more a strategist than an expert.
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