New Tech, New Demands – Taking the Lead on Transforming In-House Legal Teams

As technological development and adoption continues to ramp up and grow at scale, talent shortages are becoming increasingly acute. Nowhere is this imbalance between supply and demand more evident than among in-house legal teams, especially when it comes to AI, privacy, and regulatory concerns. New technologies and regulations are amplifying risk management issues and introducing fresh compliance demands, requiring shifts in legal strategy. This includes making way for specialist legal teams that possess an amalgam of relevant skills, including commercial acumen, AI fluency, and regulatory expertise.

The volume of commercial activity accompanied by significant sector-agnostic change is putting legal teams under strain, requiring gaps to be addressed in both knowledge and capability. In the face of this pressure, we are seeing GCs stepping up and selfskilling to plug such gaps, driven by the potential for higher compensation and an expanded strategic influence. With tech-savvy lawyers in high demand, those who are proactively adapting in the face of rapid change are already reaping the rewards.