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In-house legal technology: Smart investments (Pt 3)

17 June 2016 / Dr Marc K Peter
Issue: 7703 / Categories: Features , Brexit , Profession , Technology
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Embracing technology can help in-house counsel focus on profitable growth & future-proofing, explains Dr Marc K Peter

 

It is no secret for those working in the sector that in-house counsel are under more pressure than ever to perform more duties with comparably fewer resources. And with warnings that there may be a downturn in the global economy of a severity to rival the crash of 2008 and the possibility of a Brexit, in-house lawyers need to proactively embrace advantages provided by innovation and technology to ensure they and their businesses prosper in what could be a stormy economic and political future.

Twenty percent of the legal profession now work in-house—a figure that has doubled in the past 10 years (Annual Statistics Report 2015, Law Society). It is clear that in-house counsel exert enormous influence on both the commercial and legal landscape in the UK. After all, it is they who instruct most of the lucrative commercial work enjoyed by the top 100 law firms,

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MOVERS & SHAKERS

DWF—19 appointments

DWF—19 appointments

Belfast team bolstered by three senior hires and 16 further appointments

Cadwalader—Andro Atlaga

Cadwalader—Andro Atlaga

Firm strengthens leveraged finance team with London partner hire

Knights—Ella Dodgson & Rebecca Laffan

Knights—Ella Dodgson & Rebecca Laffan

Double hire marks launch of family team in Leeds

NEWS
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Bea Rossetto of the National Pro Bono Centre makes the case for ‘General Practice Pro Bono’—using core legal skills to deliver life-changing support, without the need for niche expertise—in this week's NLJ
The Supreme Court issued a landmark judgment in July that overturned the convictions of Tom Hayes and Carlo Palombo, once poster boys of the Libor and Euribor scandal. In NLJ this week, Neil Swift of Peters & Peters considers what the ruling means for financial law enforcement
Small law firms want to embrace technology but feel lost in a maze of jargon, costs and compliance fears, writes Aisling O’Connell of the Solicitors Regulation Authority in this week's NLJ
Charles Pigott of Mills & Reeve reports on Haynes v Thomson, the first judicial application of the Supreme Court’s For Women Scotland ruling in a discrimination claim, in this week's NLJ
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