Corporate law transformation: Harnessing the power of technology for improved processes

Corporate law transformation: Harnessing the power of technology for improved processes

Legal professionals face various challenges in the current international environment, including increasing complexity of transactions, a shortage of experienced professionals, and intense competition. The corporate law industry in Iberia is also facing challenges such as increased regulatory pressure and a dynamic economic environment. 

However, new technological tools and trends, such as AI, are being embraced in the corporate law and due diligence fields to help overcome these challenges. Modern technology has the potential to improve due diligence processes and is increasingly being used to streamline time-consuming tasks. Overall, the impact of technology in the legal sector is only growing in scope and significanceputting the onus on legal professionals to adapt sooner rather than later

• What challenges do legal professionals face in the current international environment, and how can they be overcome?
• How has the corporate law industry in Iberia evolved over the past few years? What does the future look like?
• What are the benefits of using technology (AI, Secure information management) in the corporate law and due diligence fields, and how can this be leveraged to improve the overall due diligence process?