According to the Thomson Reuters State of the Corporate Law Department Report 2022, “the most successful law departments will be those that leverage the momentum of the past two years to actively embrace transformative change. ”This ability to change will affect how legal departments respond to increasingly complex regulatory frameworks, retain and motivate talent, use outside counsel (OC), and contribute to overall business success. So how ready is your department to thrive in this new legal world? These five essential questions will help you evaluate whether your department is equipped for the future.
According to the Thomson Reuters State of the Corporate Law Department Report 2022, “the most successful law departments will be those that leverage the momentum of the past two years to actively embrace transformative change. ”This ability to change will affect how legal departments respond to increasingly complex regulatory frameworks, retain and motivate talent, use outside counsel (OC), and contribute to overall business success. So how ready is your department to thrive in this new legal world? These five essential questions will help you evaluate whether your department is equipped for the future.
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