How Legal Departments Can Excel Through Economic Volatility

This article is a guide that discusses how legal departments can navigate economic volatility and uncertainty. It outlines the challenges faced by corporate legal departments due to international tariff fluctuations, regulatory changes, and technological disruptions. The guide emphasizes the importance of resilience and flexibility in legal support, particularly during times of disruption. It explains how legal departments can benefit from accessing high-quality legal talent on demand, which provides a strategic advantage without the long-term commitments associated with hiring full-time staff. The article also addresses the complexities introduced by advancements in legal AI, highlighting the need for specialized assistance to effectively evaluate and implement new technologies. It concludes by stressing that flexibility is essential for legal teams to adapt to ongoing economic, political, and regulatory uncertainties, transforming potential threats into opportunities for growth and demonstrating their strategic value within organizations.