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General counsel (GCs) and chief legal officers (CLOs) face geopolitical and economic volatility, regulatory uncertainty, new business challenges and workforce disruptions. Along with unrelenting technological change, these factors have upended established ways of working and created new challenges.
As legal leaders manage regulatory complexity and improve efficiency and effectiveness — they’re under pressure to leverage new technology, improve processes and strengthen operations. Excelling in these areas can help mitigate risk and make legal a driver of strategic value.
Businesses face volatility that can erode corporate value. Legal is at the forefront of safeguarding business interests, both by mitigating risks and providing proactive counsel.
GCs and CLOs must stay ahead of regulatory changes, cybersecurity risks, supply chain disruptions and more by embedding resilience and agility into the corporate framework. By leveraging advanced analytics, regulatory technology, and cross-functional collaboration, legal teams can quickly identify emerging risks, address vulnerabilities and create strategies to protect business continuity and reputation.
Positioning legal as a strategic value driver requires thinking differently, working more effectively, advancing innovation and leveraging technology to benefit the business. An agile legal function not only plans for new products and services, advises on complex transactions and facilitates productive and collaborative business relationships — all while providing the legal insights that back smarter decision-making — but it also helps shape and drive these initiatives in concert with the C-suite and business leaders.
Successful legal service delivery aligns with strategic organizational goals. Functional design is flexible enough to adapt with changing business priorities, accommodate process improvements and account for the effect of legal and risk management decisions and processes on other functions. Depending on your corporate vision, managed services provided by an experienced business advisor can augment your team and help them to focus on higher-value initiatives.
Legal business solutions can elevate corporate legal departments and law firms by integrating people, processes and technologies in innovative ways.
Find out how to drive the business strategy, align legal operations and take key steps in your journey towards a modern law department.
Learn ways to manage costs with support on day-to-day legal tasks and operations with legal managed services.
Listen in as we discuss the application of new technologies to contracting, enterprise legal management and knowledge management.
Successful legal service delivery {aligns} with strategic organizational goals.
Compared to other functions, legal has generally been more cautious in adopting leading technology, primarily because of confidentiality and defensibility concerns. That’s changing as emerging technologies offer innovative ways to digitally enable and scale your department.
Digitizing, standardizing and centrally housing data is a critical first step. With a strong foundation, you can be well positioned to benefit from other tech applications. Of note, there are many generative AI use cases in contract risk analysis and processing, legal research, regulatory change monitoring and document review, drafting and summarization that can augment the AI tools legal already uses.
Find out how to drive the business strategy, align legal operations and take key steps in your journey towards a modern law department.
Explore PwC's AI predictions with actionable strategies, industry insights, and trends shaping AIs role in business transformation for 2025 and beyond.
Discover insights from PwC's Responsible AI Survey on AI and generative AI adoption, risk management, and value creation. Benchmark your AI readiness today.
Listen in to our webcast focused on how AI is reshaping legal work and service delivery, use cases, as well as risk, quality and regulatory considerations.
To help manage operational and reputational risks, keeping a finger on the pulse of the risk and regulatory landscape — including emerging regulations, compliance, cybersecurity and data privacy — is one of legal’s core responsibilities.
Legal functions face challenging cyber disclosure, tax transparency, environmental impact, supply chain composition and various other requirements. A practical risk management playbook can help your company stay ahead of changing regulations and other requirements, as well as meet stakeholder expectations. To increase proactive risk identification and free up resources for these critical areas, an effective playbook can help you determine where to upgrade, reconfigure or replace relevant tech applications.
In our latest survey, find out why risk leaders are struggling to manage risk, including election-related uncertainty affecting business decisions.
From supply chains to cyber threats — discover how law firms can enhance resilience and mitigate risks in a rapidly changing world.
Managing tech risk needs enterprise-wide coordination. Leaders need to collaborate across silos to identify and mitigate vulnerabilities.
General counsel knows the fine line between adhering to the law and safeguarding the company against litigation and liability. Are you asking these seven questions?
[48%] of risk leaders are identifying new risks as a result of tech investments
Effective information and knowledge governance is crucial to safeguarding your intellectual property and confidential information. It facilitates effective stewardship and secure use of your corporate information assets, as well as timely and accurate reporting.
Implement effective protocols and systems for managing access and use, sharing, retention and disposal of information. However, enterprise record and document management systems alone aren’t sufficient without user-friendly, secure and effective integration into daily processes. Strengthen information governance across the business by aligning process, training and oversight, and supporting them with appropriate technology. A well-designed, flexible information governance program can help your business safeguard and accommodate virtual and on-site work, adapt to new technologies and provide appropriate guidance and effective risk management.
From compliance complexity to competitive opportunity — explore how one company reinvented their compliance model to stay ahead of fast-changing regulations.
Legal business solutions can elevate corporate legal departments and law firms by integrating people, processes and technologies in innovative ways.
Contract life-cycle management (CLM) is increasingly complex, with new technologies and world events introducing new risks that require mitigation or allocation (e.g., data security or global pandemics). However, these terms also offer opportunities for more flexible business deals and trading relationships. Moreover, efficient contracting that accelerates speed to market and has the right protections is among the most important ways legal teams tangibly benefit the business.
Accordingly, assess your contracting function to find where it could improve and how — for example, by standardizing and automating contracting processes. Develop and refine contracting playbooks and clause libraries to measure the value you’re getting from your contracts and agreements. Consider how recent technological advancements can bolster contract management from drafting and negotiation through execution.
Find out how to drive the business strategy, align legal operations and take key steps in your journey towards a modern law department.
Icertis and PwC provide a smart contract lifecycle management (CLM) solution enabling value chain management through the lifecycle of vendor relationships.
We mix PwC's legal industry capabilities, services and technology experience with Microsoft tools to help law departments extract more value.
{Contract lifecycle management} represents ‘the plumbing’ for the trading relationships that deliver economic and social value.
Identify the key focus areas of your colleagues.