Credit: WavebreakMediaMicro/Adobe Stock Legal Departments Struggling With Fast-Changing Regulatory Environment, Study Finds
"As the main drivers of regulatory change appear ongoing, legal and compliance leaders will need to find a sustainable way to keep on top of the requirements this will place on their organizations," Gartner's Nick Sworek said.
September 07, 2022 at 08:30 AM
3 minute read
In-house legal teams are struggling to keep up with unprecedented regulatory activity, consulting firm Gartner found in a new report titled "4 Paths to Staying Ahead of Regulatory Change."
According to Gartner, regulatory bodies are in a frenzy due to increased oversight, geopolitical tensions and lingering effects from COVID-19. While compliance itself used to be the challenge for in-house, now keeping track of all the most recent regulatory changes is itself an issue for many understaffed and overworked corporate lawyers.
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