That’s the thrust of a report, ‘GeoDisruption: balancing gigawatts, gigabytes and gigapowers’, published this week by Lex Mundi, a membership organisation of 150 law firms. It anticipates that global turmoil will increase and will require earlier, more complex legal advice for boards and management teams.
It identifies three key areas of regulation—sanctions, which can create hidden risks within supply chains and generate litigation; geo-economic risk, which can block or delay deals; and supply chain disclosure rules, which increase compliance costs.
Helena Samaha, CEO and president of Lex Mundi, said: ‘One silver lining may be innovation in technology and AI, but legal teams still need structured, high-value, legal risk management support from their law firms.’
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