The covid-19 pandemic has led to rapid transformation in the legal industry. General counsel have had to swiftly adopt digital tools, develop in-house expertise and resources, and devise business plans to overcome the crisis, all with unexpectedly smaller budgets.
Remote collaboration platforms, such as those for securely sharing, reviewing and approving legal documents, have been essential to uninterrupted dealings with customers, suppliers and others in the legal ecosystem. Even so, balancing input between in-house and outsourced counsel while optimising productivity has been challenging. Teams are having to revisit their operational strategy, doing more with less, without compromising the client experience.
The Economist’s General Counsel Insight Hour series will convene general counsel and business leaders for a series of discussions to examine the impact of covid-19 on corporate legal teams.
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