News

Corporate legal professionals reviewing business strategy and AI governance initiatives in a modern boardroom.
The rise of the strategic legal department

Corporate legal departments are moving beyond traditional legal advisory work and becoming influential contributors to business strategy. New research shows in-house teams are increasingly involved in technology decisions, AI governance and operational transformation while managing rising workloads and growing expectations from the business.

Kirkland & Ellis headquarters representing the law firm's $500 million investment in a proprietary artificial intelligence platform.
Kirkland’s $500 million AI bet could reshape the future of Big Law

Kirkland & Ellis plans to invest $500 million in a proprietary AI platform, marking one of the largest technology commitments in legal industry history. The move reflects a broader shift among leading law firms as AI evolves from a productivity tool into a strategic competitive asset.

Business professionals overlooking a city financial district as global M&A activity rebounds amid heightened regulatory scrutiny and transaction complexity.
M&A is rebounding, but the rules have changed

Goldman Sachs believes M&A activity could approach record levels in 2026, but this is not a repeat of the dealmaking boom that followed the pandemic. Strategic buyers are driving transactions in a market shaped by higher financing costs, greater regulatory oversight and increased pressure to deliver transaction certainty.

In‑House Org Chart
The in‑house org chart gains a new center 

The in-house org chart is changing, with legal teams now at its center. In-house legal teams play a hands-on role in shaping strategy and help define the company’s direction from the very beginning.

Deloitte sign on building to support In‑House CLO article
Deloitte maps three shifts redefining the in‑house CLO

Deloitte has identified three trends that are changing how Chief Legal Officers work within large organizations.