Navigating the Future of Legal Services and Compliance

This chapter examines the transformative role of generative AI in legal services as we approach 2030, urging industry professionals to collaborate effectively with clients for enhanced service delivery. It also addresses the changing landscape of tax and accounting firms, focusing on technology's increasing significance and the need for professionals to adapt to advisory roles rather than traditional compliance tasks. Additionally, it highlights the complexities of risk and compliance management influenced by new regulations, particularly in relation to fraud prevention and the Corporate Transparency Act.