According to studies, demand for juridical services regarding the company business regulation, trials and business arrangements, for example, is rising. As markets are governed by globalization, following international regulation remains one of the greatest challenges for companies. The amount of work for company legal experts is increasing, while businesses wish to operate more cost efficiently as customers require price transparency and predictability.
Technological development will be more and more visible in legal services. In the near future, part of legal services may be completely produced utilizing technology. As clients require more developed technology in producing and sharing information, legal service providers must react to the technological change and alter their business models to meet client needs. Additionally, juridical monopolies are at the breaking point in several countries, followed by change pressures towards traditional service providers as well.
In the global economy, future legal service providers will face continuous pressure for change. Lawyers and judicial leaders have to be able to develop new and more efficient models for conflict resolution, for example. Lawyers and judicial leaders must remain up-to-date in technological development and master both domestic and international regulation. Also, wider knowledge portfolio is essential in understanding client business dynamic and the wider effects of juridical decisions, especially in international environment. Talentor’s comprehensive network of legal experts and direct search solutions guarantee that we find our clients the necessary key individuals to solve judicial problems.
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