The “VUCA*” world is forcing “willingly or unwillingly” – the transformation of legal teams:
– Through Tech – Legal industry integrates new tools and technology: contract management platform, automation, data, AI, collaborative platform… The legal team will adapt and transform its process according to technology
– Through Talent management – The legal team becomes an augmented team – digital, business, and soft skills are added to legal skills ; hybridation is key. The legal team will adapt and transform according to skills and culture.
– Through Strategic Positioning and Management – The legal team becomes a transformation force based on shared vision and collective engagement. The legal team will adapt and transform according to « the why of the team » and measurable KPIs.
To support this latter objective, the EDHEC Augmented Law Institute has developed indexes to assess and certify legal departments transformation.
*Volatile, Uncertain, Complex, Ambiguous