Navigate digital transformation with legal clarity

As businesses across all sectors embrace new technologies and business models, they need expert guidance to avoid legal pitfalls and optimise impact. In our experience, digital transformation projects succeed best when:

• the Board is fully engaged and understands the legal risks and opportunities
• the legal team informs, supports and shapes strategy and tactics from an early stage
• there is a comprehensive understanding of the specific legal and regulatory context and associated risks and opportunities.

If your business is investing in digital transformation, we can help. Our extensive experience in working on these projects means we can offer you a legal inside track on how to drive maximum value. We have a range of cost-effective services designed to give you the insights and understanding you’ll need.

Board presentation

Digital transformation can have a huge impact on business performance and is essential for all businesses looking to grow and stay ahead of the competition. Engaging with digital transformation can lead to long-term financial gains, as well as improving workforce productivity.

The associated legal and regulatory issues typically create both opportunity and risk, which can include personal liability for directors. So ensuring your Board understands the legal context and future regulatory direction within your sector is vital.

In this half hour session with your Board, we will:

• share our learning from digital transformation projects in your and other industry sectors
• discuss directors’ liabilities
• highlight the key legal risks posed by different technologies and their potential business impacts and
• highlight the legal and regulatory opportunities and how to take advantage of them.

If desired, the session can also examine the future shape of the legal team.

GC Workshop

Given the potential scale of change through a transformation process, it is imperative that the legal team gets closer to the digital transformation project team to help inform strategy.

Our digital transformation and sector experts will work with your legal team to get you trained up to support digital transformation opportunities in your industry.

Following an initial conversation, our specialists will provide a bespoke three-hour, one-to-one or group workshop covering:

• the importance of legal analysis informing digital transformation strategy, including directors’ liabilities and the legal department as an enabler
• an overview of the digital technologies relevant to your sector or project, and the key associated legal, regulatory, tax and workforce implications
• the role and structure of the legal team, including in guiding the business and, where relevant, influencing government and regulators
• other practical considerations, including third party involvement, tips for engaging with the project team and LegalTech as part of the mix
• the next steps

Readiness Report

Digital transformation projects are often played for high stakes, requiring significant investment. So it’s important to consider whether your organisation has taken the right steps from a legal and regulatory perspective, to ensure successful delivery.

We can help by bringing our in-depth expertise and specialism to bear on your digital transformation plans. Our expert team will undertake a detailed, information-gathering legal and regulatory review of your project and prepare a bespoke digital transformation Readiness Report uncovering the legal and regulatory opportunities and risks. We will also present our key findings and insights to your legal team and/or Board and discuss how best to mitigate the risks and maximise the opportunities.

The report will be tailored to your needs, but would typically:

• identify and explain the key potential legal and regulatory risks and liabilities (including the potential personal liability for directors), propose options for addressing/mitigating risks (including in relation to any ongoing compliance programmes)
• suggest how you might prioritise issues
• explore any potentially relevant opportunities identified to use legal/regulatory angles to challenge competitors, create opportunities or otherwise benefit the business
• identify current and expected changes to the role and remit of the legal team