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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.