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Top trends driving the business of law in a VUCA world

Overview

With increasing challenges afoot in today's business environment - such as the tumultuous political climate, economic uncertainty, regulatory changes, and privacy concerns - CEOs are collaborating across the company's various business divisions to solve problems companywide.


This multifaceted approach is not necessarily a new idea among business leaders at large-scale corporations, but according to insights gathered by ALM's Intelligence and Editorial units, it is becoming more ubiquitous across companies of all sizes as the business environment continues to face global growth barriers.


A term - VUCA (volatility, uncertainty, complexity and ambiguity) - which was originally coined by the military, is being adopted across industries to describe these omnipresent obstacles as business leaders struggle to expand and remain successful.


This article looks at how VUCA is already having an impact on the legal industry.

Categories related to Global