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How Are Legal Department Professionals Spending Their Time?

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
How are legal departments performing when it comes to getting high-level legal and business guidance from their in-house attorneys? Are your lawyers buried in administrative chaos, or are they operating at peak efficiency?
The article from MSN Money discusses how legal department professionals are currently allocating their time amidst various challenges and changes in the legal landscape. Key points include the increasing use of technology and automation in legal work, which allows professionals to focus more on strategic tasks rather than routine administrative duties. There's a notable shift towards managing compliance, risk, and data privacy issues due to heightened regulatory scrutiny and the complexities of digital transformation. Additionally, legal teams are spending more time on training and adapting to new laws and regulations, as well as engaging in proactive problem-solving and strategic planning to mitigate potential legal risks. The article also touches on the growing importance of ESG (Environmental, Social, and Governance) considerations, which are becoming integral to corporate legal strategies. Overall, legal professionals are adapting to a more dynamic role that requires a blend of legal expertise, business acumen, and technological proficiency.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/general/how-are-legal-department-professionals-spending-their-time/ar-AA1vCqaX ]