2024 Legal In-House Trends
15 Oct, 20245 minutes“Adapt or get left behind” – that’s the motto for in-house legal teams in 2024.
So, what trends are shaping the in-house legal departments so far this year? Here’s what we’re seeing:
🔧 Tech transformation: AI and automation are no longer for the tech whizz in the office. From tools that review contracts to legal project management software, tech is already helping to streamline workflows and free up research time to focus on high-value tasks. It’s also catching some people out, with AI errors and security risks. So today, General Counsel need to be tech-savvy enough to know how to use these evolving technologies to get drive innovation in their legal department.
⚖️ Regulatory shifts: 2024 is already proving to be a year of rapid regulatory changes. Data protection, ESG compliance, and new tax regulations are keeping in-house teams on their toes. Staying ahead of these changes is crucial today.
🌍 General Counsel as business leaders: The role of the GC is no longer just about legal advice. Now, GCs are expected to be strategic business partners sitting at the leadership table to help to shape company policies and manage risks from the top down.
In-house legal teams are becoming more dynamic, tech-driven, and business-focused in 2024. Adaptability is key. If you’re thinking of making the move to an in-house role, or you want to stay on top of the latest opportunities, get in touch ✨