Source: Forbes
Author: Mark A. Cohen, CEO & Founder of Legal Mosaic and Executive Chairman at The Digital Legal Exchange.
Is the gradual pace of legal change prelude to its sudden transformation? The answer is provided not from within the legal industry but from business.
Change, Interconnectivity, And Business Integration
In an age of constant, interconnected, and accelerating change, business complexity, and rapid decision-making, business must develop holistic, malleable strategies. That requires securely connecting its workforce technology, information, processes and services internally, across its supply chain, and with its strategic partners. Business is challenged to “connect the dots” and to operate as an integrated network, not a series of siloed departments.
The legal function must be a part of that process, often referred to as business integration. It is a 360-degree customer-focused, agile enterprise strategy that optimizes enterprise value capture through integration. It achieves this by melding data and information that informs real-time, predictive decision-making; an operating model that connects human resources and processes; products and services; technology stacks; talent management; and unified metrics to gauge and elevate internal performance and customer outcomes/experience.
What has long been the mirage of legal transformation is about to become the reality. Most in the legal establishment prefer the mirage of change to the specter of reality. It is no longer in their hands; for business, legal change incrementalism it is not an option. That is the clearest sign legal transformation is imminent.
Read the full article: https://www.forbes.com/sites/markcohen1/2025/02/23/legal-transformation-business–ai-and-new-suppliers-are-key-drivers/
