Current international tax law and its underlying principles are no longer grounded in the reality of today’s economics, digital business models and the global economy, undermining common sense and promoting widespread corporate tax avoidance. The result? Countries across the world compromised in their ability to fund the public goods of modern societies, and their citizens…

Organizations across the board[1] are hemmed in by heightened volatility, shifting economic and political realities, evolving competition and technology, and a world of increasing complexity, uncertainty, and rapid change – dynamics that collectively mean that organizations must adapt and restructure, and do so more frequently, more thoroughly, and faster than ever before[2]:[3] “In today’s environment…

In today’s environment there are accelerated disruptions occurring in many industries as a result of new technologies,[1] new entrants, new business models, and globalization. Leaders must be able to adapt to the increasingly complex nature of the challenges to their industries – whether that be the legal industry,[2] healthcare,[3] or financial services,[4] etc.[5] – and…

For companies, geopolitical risk is fundamentally about the probability that a political action or environment will significantly affect their business – whether positively or negatively.[1] In this context, the next decade will be a period of political uncertainty across the globe. Business leaders can expect to face daunting leadership and strategic challenges amid the turbulence and…

From Volkswagen’s DieselGate to Wells Fargo’s banking scandal,[1] the breadth and nature of high-profile corporate[2] and government[3] scandals and well-publicized corruption is staggering. Headlines aside, ethical misconduct is hardly uncommon today – nearly half of all fraud cases are not publicly reported[4] and over 40% of executives surveyed in a recent study said “they could…

Despite recent developments and initiatives striving to protect and promote long-term corporate strategy and sustainable value creation,[1] short-term perspectives still predominate throughout the investment value chain and dominate decisions in boardrooms.[2] It is troubling how deeply the short-term mindset has permeated corporate culture across the globe. The markets relentless demand for profit growth on a quarterly…

The legal industry and the evolving legal service delivery model is a terrific story, a fascinating puzzle and an entrenched maze of narratives. The traditional law firm partnership business model[1] is being significantly impacted by a combination of competitive alternative legal service providers, the expanding reach of technology, and the changing behaviour of the retail…

Until relatively recently, throughout the world, legal services have by law only been delivered to the consumer by traditional law firms that are wholly owned and controlled by lawyers.[1] With the goal of modernizing the delivery of legal services and encouraging competition, reducing prices, and spurring innovation,[2]  the UK, Australia and other countries have dropped…

Legal professional privilege exists in most jurisdictions across the world. However, the scope, application, and nature of the protections afforded to legal professional privilege and confidentiality of communications vary widely. Because of the shared origins and many similarities between the legal systems of the UK, the U.S., Canada and Australia, there tends to be a…

The profession of law is more challenging today than ever before.  Between demanding corporate clients and an unpredictable economy, lawyers like many other professions are being forced to the edge of uncertainty. And many lawyers, law firms and legal departments are not prepared for the economic and technological reality of today’s legal market.  And, it’s…