With the technological changes driven by the digitalization, the globalization of the legal market, and the arrival of new players, the legal function needs to change. This course describes a vision of the legal industry and the key principles that support a paradigm shift from one of security towards one of opportunity. In particular, it shows opportunities for in-house legal departments of large enterprises, and discusses how they can become a strategic partner for corporate executives, clients, and stakeholders.
Students will discover how to develop solutions that help lawyers and contract-facing personnel redefine their profession. They’ll learn that future corporate lawyers will no longer primarily be negotiators, litigators, and administrators; instead they’ll be coaches, arbiters, and entrepreneurs. Legal knowledge and data-based services will become a commodity, and analytics will be a key driver for the future of the profession. Finally, they’ll understand that this vision also requires a change in mindset and culture.
Course Content
Week 1: Liquid Legal Principles
Week 2: Liquid Legal Players
