Regulatory Changes Affecting Legal Consultancies in 2024

At Evertys, we understand that the world of legal consultancy is ever-changing, and 2024 promises to be a year filled with regulatory shifts and challenges. These changes are reshaping the way legal consultancies operate and serve their clients. This article provides you with valuable insights on how these regulatory changes may impact you in 2024 and how we can be your trusted partner in navigating this evolving legal landscape.

1. Data protection and privacy regulations

The most significant regulatory transformation in 2024 continues to revolve around data protection and privacy regulations. With stricter data privacy laws like the General Data Protection Regulation (GDPR) in the European Union and similar measures worldwide, your legal consultancy needs to ensure compliance while managing sensitive client data securely. Evertys remains committed to advising and implementing robust data protection strategies, ensuring your consultancy is GDPR-compliant, protecting your clients' confidentiality, and avoiding potential legal pitfalls.

2. Intellectual Property (IP) regulations

Intellectual property laws are always in flux, especially in an era of fast-evolving technology. In 2024, Evertys specializes in helping you understand the implications of these changes on your intellectual property assets. Whether it's adapting to new patent regulations, navigating copyright complexities, or safeguarding your trademarks, we have the expertise to keep your IP portfolio secure and aligned with the latest legal developments.

3. Anti-Money Laundering (AML) and financial regulation

Anti-money laundering and financial regulations are becoming increasingly stringent. Evertys can guide you in implementing rigorous AML policies and due diligence processes to protect your consultancy from financial crimes. We also offer operational support to manage our client’s accounts, handling financial transactions, and ensuring compliance with evolving financial regulations.

4. Regulatory Technology (RegTech) implementation

In 2024, RegTech remains a game-changer in ensuring regulatory compliance. Evertys can help you integrate cutting-edge RegTech solutions into your consultancy's operations, streamlining compliance processes, reducing risk, and making it easier to adapt to regulatory changes. Our expert advice ensures you stay ahead in the world of regulatory technology.

5. Changes in cross-border regulations

Operating across multiple jurisdictions often means dealing with different rules and regulations. Evertys has extensive experience in cross-border practices and can provide guidance on navigating international contracts, dispute resolution, and client representation while staying compliant with varying regional laws.

Evertys offers Legal consulting services with a strong experience and insights needed to understand these regulatory changes and protect your consultancy from legal challenges. 

Let us help you thrive in this ever-evolving world of legal. Don't hesitate to contact us for a consultation, and together, we can ensure your legal department is fully prepared to embrace the future with confidence and compliance.