Legal departments are prepping for a daunting 2023, as their duties continue to increase even as many face intense pressure to avoid budget increases or cut costs.
Many departments during the pandemic demonstrated that their acumen extends far beyond strictly legal matters. But as they strive to build on their expanded role as trusted advisers to the entire business, they’re also facing an increasingly complex regulatory landscape from myriad directions, including pending cybersecurity rules and climate change rules from the U.S. Securities and Exchange Commission.
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