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Bloomberg Law 2021 – Future of the Legal Industry

Change will be the theme for the legal industry into 2021 – and beyond. And a paradigm shift is necessary for effective planning and strategic efforts.

In this special report, our analysts explore the catalysts for change, including:

Key industry questions

  • Needs and how to meet them
  • Permanent changes to the traditional workplace
  • Legal tech – and how to use it
  • Support between employers and employees

Lawyer well-being

  • 24/7 work culture
  • Work and home life balance
  • Technology as the answer to key challenges
  • Metrics and KPIs to ensure tech success

Transformation in networking

  • Networking – from afar
  • Covid-19 challenges to web networking
  • Options for approaches

In-house counsel adaptations

  • Realities of telework
  • New policies and procedures for on-site workforces
  • Workers’ privacy and rights – and liability

Legal Tech Expectations and Reality

  • Efficiencies and error reduction due to technology
  • Success metrics
  • Requirements and guidelines governing outside counsel

Anti-money laundering controls

  • U.S. regulators’ approaches and responses to fraud
  • Hybrid work arrangement and AML controls
  • Increases in penalties and collaborative enforcement efforts

Download your complimentary copy for the insights you need to prepare your organization and clients.

Prepare for the themes that will dominate the legal landscape

Access more insights and reports on legal trends with the Bloomberg Law 2021 hub for litigation, transactions and markets, legal careers, and ESG.

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