As 2017 comes to a close, legal departments are planning for the year ahead. It’s been 365 days of litigation battles, regulatory updates, rapid technological growth and enough scandals to make any general counsel nervous. In the new year, legal departments will have to adapt to all the change that continues to come their way. Corporate Counsel spoke to a group of experts to get five recommendations for in-house counsel looking to prepare for all that 2018 is sure to bring:
4. Use Tech Tools to Cut Costs and Spot Trouble Early
One trend from 2017 is carrying over to the new year—legal departments are expected to do more with less. With increasingly scalable and affordable technologies, it’s easier than ever for in-house legal teams of all sizes to boost efficiency on a lower budget. But that’s only if in-house counsel are willing to stray from the old-fashioned ways of working to try the latest tech, experts told Corporate Counsel.
“Related is the willingness to embrace and understand when change needs to be made, to be open to embracing new ways of delivering legal services to your in-house clients,” said Andrea Bricca, a partner at legal recruiting firm Major, Lindsey & Africa. “It’s not business as usual. It boils down to being seen as adding value to the organization.”