CONTEMPORARY DYNAMICS IN LEGAL MANAGEMENT: ADAPTING TO REGULATION AND BUSINESS EXPECTATIONS
Keywords:
Contemporary Dynamics, Legal Management, Adaptation, Regulation of Business ExpectationsAbstract
Responsive regulation is key to balancing consumer protection and business innovation in the financial technology sector. Piloting new products under regulatory supervision can be a solution to test new products while maintaining a clear legal framework. Multi-stakeholder consultation processes and dialogue with regulators add to the complexity of rule adaptation. For legal management, a strong regulatory monitoring capacity is required along with a dedicated team to ensure timely compliance. On the other hand, businesses need flexibility through anticipation of rule changes, data analytics, and the latest technology to observe the impact of regulations in real-time. Close multi-stakeholder collaboration is key to creating rules that are fair to all parties and support sustainable innovation. Joint adaptability between government, industry, and academia will enable the growth of the digital economy without abandoning consumer protection.
Downloads
References
Adlini, M. N., Dinda, A. H., Yulinda, S., Chotimah, O., & Merliyana, S. J. (2022). Metode Penelitian Kualitatif Studi Pustaka. Edumaspul: Jurnal Pendidikan, 6(1), 974–980. https://doi.org/10.33487/edumaspul.v6i1.3394
Akçay, Ü. (2021). Authoritarian consolidation dynamics in Turkey. Contemporary Politics, Query date: 2024-07-23 15:05:21. https://doi.org/10.1080/13569775.2020.1845920
Alaslan, A. (2022). METODE PENELITIAN KUALITATIF. Query date: 2024-05-25 20:59:55.
https://doi.org/10.31237/osf.io/2pr4s
Armour, J., & Sako, M. (2020). AI-enabled business models in legal services: From traditional law firms to next-generation law companies? Journal of Professions and Organization, Query date: 2024-07-23 15:05:21. https://doi.org/10.1093/jpo/joaa001/33131900/joaa001
Asaduzzaman, M., & Virtanen, P. (2023). Governance theories and models. … Encyclopedia of Public Administration …, Query date: 2024-07-23 15:05:21. https://doi.org/10.1007/978-3-030-66252-3_2612
Aykut, S., Morena, E., & Foyer, J. (2022). ‘Incantatory’governance: Global climate politics’ performative turn and its wider significance for global politics. The Climatization of Global Politics, Query date: 2024-07-23 15:05:21. https://doi.org/10.1007/978-3-031-17895-5_2
Booth, P., Chadburn, R., Haberman, S., James, D., & ... (2020). Modern actuarial theory and practice. books.google.com. https://books.google.com/books?hl=en&lr=&id=b9kREAAAQBAJ&oi=fnd&pg=P P1&dq=contemporary+dynamics+legal+management+regulations+business+ex pectations&ots=rL9Cf6oqFb&sig=dAg_TwoZejnGQrYyZauBNXFSH0o
Bratton, J., Gold, J., Bratton, A., & Steele, L. (2021). Human resource management. books.google.com.
https://books.google.com/books?hl=en&lr=&id=GphcEAAAQBAJ&oi=fnd&pg=P R6&dq=contemporary+dynamics+legal+management+regulations+business+ex pectations&ots=2PpubIQ2NF&sig=wc1zTSHewYvbTos2u5Ar_QC3WNQ
Brint, S. (2020). In an age of experts: The changing roles of professionals in politics and public life. books.google.com. https://books.google.com/books?hl=en&lr=&id=sdLgDwAAQBAJ&oi=fnd&pg=P A3&dq=contemporary+dynamics+legal+management+regulations+business+ex pectations&ots=tgizflvJb4&sig=pe8NqwJFAIDMRgX8hfvKNJ8mz3g
Bueno, N., & Bright, C. (2020). Implementing human rights due diligence through corporate civil liability. International &Comparative Law Quarterly, Query date: 2024-07-23 15:05:21. https://www.cambridge.org/core/journals/international-and- comparative-law-quarterly/article/implementing-human-rights-due-diligence- through-corporate-civil-liability/89B854AAA7F3ED5AC841DF266E567498
Burdon, W., & Sorour, M. (2020). Institutional theory and evolution of ’a legitimate’compliance culture: The case of the UK financial service sector. Journal of Business Ethics, Query date: 2024-07-23 15:05:21. https://doi.org/10.1007/s10551-018-3981-4
Caruana, R., Crane, A., Gold, S., & ... (2021). Modern slavery in business: The sad and sorry state of a non-field. Business & Society, Query date: 2024-07-23 15:05:21. https://doi.org/10.1177/0007650320930417
Chege, S., Wang, D., & Suntu, S. (2020). Impact of information technology innovation on firm performance in Kenya. Information Technology for …, Query date: 2024-07- 23 15:05:21. https://doi.org/10.1080/02681102.2019.1573717
Christ, K., Burritt, R., & Schaltegger, S. (2020). Accounting for work conditions from modern slavery to decent work. Accounting, Auditing & …, Query date: 2024-07- 23 15:05:21. https://doi.org/10.1108/AAAJ-05-2020-4587
Clegg, B., Balthu, K., & Morris, G. (2020). Changing professional service archetypes in a law firm using Process Orientated Holonic (PrOH) Modelling. … Management Research &Practice, Query date: 2024-07-23 15:05:21. https://doi.org/10.1080/14778238.2019.1571387
Contractor, F., Dangol, R., Nuruzzaman, N., & ... (2020). How do country regulations and business environment impact foreign direct investment (FDI) inflows? International Business …, Query date: 2024-07-23 15:05:21. https://www.sciencedirect.com/science/article/pii/S0969593118305997
Decker, C. (2023). Modern economic regulation: An introduction to theory and practice. books.google.com.
https://books.google.com/books?hl=en&lr=&id=RAC6EAAAQBAJ&oi=fnd&pg=P R12&dq=contemporary+dynamics+legal+management+regulations+business+e xpectations&ots=UXy69BUw3D&sig=z8ymgYuQpFs-GqijJaDrdS9FJV8
Duggineni, S. (2023). Impact of controls on data integrity and information systems. Science and Technology, Query date: 2024-07-23 15:05:21. https://www.researchgate.net/profile/Sasidhar-
Duggineni/publication/372193665_Impact_of_Controls_on_Data_Integrity_and
_Information_Systems/links/64a8d256b9ed6874a5046bc3/Impact-of-Controls- on-Data-Integrity-and-Information-Systems.pdf
Dunoff, J., Hakimi, M., Ratner, S., & Wippman, D. (2023). International Law: Norms, Actors, Process. books.google.com. https://books.google.com/books?hl=en&lr=&id=-
bxeEAAAQBAJ&oi=fnd&pg=PR21&dq=contemporary+dynamics+legal+manage ment+regulations+business+expectations&ots=uHlEfbv0pE&sig=w8HtxsQhYn3 GdkBV3QZ5Ih92atM
Farazmand, A. (2023). Global encyclopedia of public administration, public policy, and governance. books.google.com.
https://books.google.com/books?hl=en&lr=&id=qtu3EAAAQBAJ&oi=fnd&pg=P R7&dq=contemporary+dynamics+legal+management+regulations+business+ex pectations&ots=1MH4nlbrn1&sig=up1u_UoE8XN6FuCPjshjDyKeqG0
Glicksman, R., Buzbee, W., Mandelker, D., & ... (2023). Environmental Protection: Law and Policy [Connected EBook with Study Center]. books.google.com. https://books.google.com/books?hl=en&lr=&id=TLSqEAAAQBAJ&oi=fnd&pg=P R27&dq=contemporary+dynamics+legal+management+regulations+business+e xpectations&ots=QpC8XVClGN&sig=T8yuORpWAJSpj1PEEmOGeHQMVs4
Hanlon, M., Yeung, K., & Zuo, L. (2022). Behavioral economics of accounting: A review of archival research on individual decision makers. Contemporary Accounting …, Query date: 2024-07-23 15:05:21. https://doi.org/10.1111/1911-3846.12739
Harris, F., McCaffer, R., Baldwin, A., & Edum-Fotwe, F. (2021). Modern construction management. books.google.com.
https://books.google.com/books?hl=en&lr=&id=oTUGEAAAQBAJ&oi=fnd&pg=P R11&dq=contemporary+dynamics+legal+management+regulations+business+e xpectations&ots=-5rsvcIIGi&sig=SvHZToa60lmY_IZvDQ1qKJWoBxQ
Hildebrandt, M. (2020). Law for computer scientists and other folk. books.google.com. https://books.google.com/books?hl=en&lr=&id=vqXaDwAAQBAJ&oi=fnd&pg=P P1&dq=contemporary+dynamics+legal+management+regulations+business+ex pectations&ots=E0ET-Rv7Eg&sig=OWps8FWrNOFcV3-SkNr5jT0XrO4
Hofmann, F., & Jaeger-Erben, M. (2020). Organizational transition management of circular business model innovations. Business Strategy and the …, Query date: 2024-07-23 15:05:21. https://doi.org/10.1002/bse.2542
Igbinenikaro, E., & Adewusi, A. (2024). Financial law: Policy frameworks for regulating fintech innovations: Ensuring consumer protection while fostering innovation. Finance &Accounting Research Journal, Query date: 2024-07-23 15:05:21. https://www.fepbl.com/index.php/farj/article/view/991
Johnston, M., & Marshall, G. (2020). Sales force management: Leadership, innovation, technology. taylorfrancis.com. https://doi.org/10.4324/9781003134688
Jr, R. R., Chowdhury, S., & ... (2023). Artificial intelligence in logistics and supply chain management: A primer and roadmap for research. Journal of Business …, Query date: 2024-07-23 15:05:21. https://doi.org/10.1111/jbl.12364
Kano, L., Tsang, E., & Yeung, H. (2020). Global value chains: A review of the multi- disciplinary literature. Journal of International Business Studies, Query date: 2024- 07-23 15:05:21. https://doi.org/10.1057/s41267-020-00304-2
Kerr, A., Barry, M., & Kelleher, J. (2020). Expectations of artificial intelligence and the performativity of ethics: Implications for communication governance. Big Data &Society, Query date: 2024-07-23 15:05:21. https://doi.org/10.1177/2053951720915939
Khalatur, S., Pavlova, H., Vasilieva, L., & ... (2022). Innovation management as basis of digitalization trends and security of financial sector. Entrepreneurship and …, Query date: 2024-07-23 15:05:21.
http://jssidoi.org/jesi/article/download/960/Khalatur_Innovation_management_ as_basis_of_digitalization_trends_and_security_of_financial_sector.pdf
Khanna, S., & Srivastava, S. (2021). AI Governance in Healthcare: Explainability Standards, Safety Protocols, and Human-AI Interactions Dynamics in Contemporary Medical AI Systems. Empirical Quests for Management …, Query date: 2024-07-23 15:05:21.
https://www.researchberg.com/index.php/eqme/article/view/166
Kwilinski, A., Litvin, V., Kamchatova, E., & ... (2021). Information support of the entrepreneurship model complex with the application of cloud technologies. International …, Query date: 2024-07-23 15:05:21.
https://search.proquest.com/openview/288e2296ee93c2e5c2d6d89fb4110e7c/1? pq-origsite=gscholar&cbl=29727
Matten, D., & Moon, J. (2020). Reflections on the 2018 decade award: The meaning and dynamics of corporate social responsibility. Academy of Management Review, Query date: 2024-07-23 15:05:21. https://doi.org/10.5465/amr.2019.0348
Meehan, J., & Pinnington, B. (2021). Modern slavery in supply chains: Insights through strategic ambiguity. … of Operations &Production Management, Query date: 2024-07-23 15:05:21. https://doi.org/10.1108/IJOPM-05-2020-0292
Miciuła, I., Kadłubek, M., & Stępień, P. (2020). Modern methods of Business Valuation— Case study and new concepts. Sustainability, Query date: 2024-07-23 15:05:21. https://www.mdpi.com/2071-1050/12/7/2699
Möller, K., Nenonen, S., & Storbacka, K. (2020). Networks, ecosystems, fields, market systems? Making sense of the business environment. Industrial Marketing Management, Query date: 2024-07-23 15:05:21. https://www.sciencedirect.com/science/article/pii/S0019850120301115
Muzaffar, M., Fern, Y., & Yaseen, Z. (2023). Governance Dilemma: A Way Forward For Third World States. Journal of Research Administration, Query date: 2024-07-23 15:05:21. https://journlra.org/index.php/jra/article/view/998
Nelson, R. (2022). Partners with power: The social transformation of the large law firm. books.google.com.
https://books.google.com/books?hl=en&lr=&id=wZprEAAAQBAJ&oi=fnd&pg=P R9&dq=contemporary+dynamics+legal+management+regulations+business+ex pectations&ots=dTl8l5BCQi&sig=0DtekZBxgQ-YEAg7WhE14mfuZqo
O’brien, R., & Williams, M. (2020). Global political economy: Evolution and dynamics. Query date: 2024-07-23 15:05:21.
https://www.revistasice.com/index.php/ICE/article/download/752/752
Palmiter, A. (2021). Examples &explanations for securities regulation. books.google.com. https://books.google.com/books?hl=en&lr=&id=ErY8EAAAQBAJ&oi=fnd&pg=PT 19&dq=contemporary+dynamics+legal+management+regulations+business+ex pectations&ots=y_Cfimo50T&sig=VINAGO8PyH2v9s47MpcLCMQ_IjA
Panchenko, V., Harust, Y., Us, Y., Korobets, O., & ... (2020). Energy-efficient innovations: Marketing, management and law supporting. essuir.sumdu.edu.ua. https://essuir.sumdu.edu.ua/handle/123456789/77107
Percival, R., Schroeder, C., Miller, A., & Leape, J. (2021). Environmental regulation: Law, science, and policy [connected EBook with study center]. books.google.com. https://books.google.com/books?hl=en&lr=&id=SgVDEAAAQBAJ&oi=fnd&pg=P T31&dq=contemporary+dynamics+legal+management+regulations+business+e xpectations&ots=OgdzodS8dI&sig=9b9B7N36nndlhJhqKFr0wrpI76k
Peters, B. (2021). Administrative traditions: Understanding the roots of contemporary administrative behavior. books.google.com. https://books.google.com/books?hl=en&lr=&id=yr0cEAAAQBAJ&oi=fnd&pg=PP 1&dq=contemporary+dynamics+legal+management+regulations+business+exp ectations&ots=_Cav8ircjD&sig=-pNBK48NjId8IH-Gd5j-B6LSMso
Polak, P., Nelischer, C., Guo, H., & Robertson, D. (2020). “Intelligent” finance and treasury management: What we can expect. Ai &Society, Query date: 2024-07-23 15:05:21. https://doi.org/10.1007/s00146-019-00919-6
Rosenbloom, D. (2022). Administrative law for public managers. taylorfrancis.com. https://doi.org/10.4324/9781003303176
Selznick, P. (2020). Law, society, and industrial justice. books.google.com. https://books.google.com/books?hl=en&lr=&id=ykjmDwAAQBAJ&oi=fnd&pg=P T22&dq=contemporary+dynamics+legal+management+regulations+business+e xpectations&ots=KxFH4fcEdM&sig=XtaQ-1s52i6H-buiubilMGIzeKM
Shafritz, J., Russell, E., Borick, C., & Hyde, A. (2022). Introducing public administration. taylorfrancis.com. https://doi.org/10.4324/9781003191322
Sudirjo, F. (2023). Marketing Strategy in Improving Product Competitiveness in the Global Market. … of Contemporary Administration and …, Query date: 2024-07-23 15:05:21.
https://journal.literasisainsnusantara.com/index.php/adman/article/view/24
Suyitno. (2021). METODE PENELITIAN KUALITATIF KONSEP, PRINSIP DAN OPERASIONALNYA. Query date: 2024-05-25 20:59:55.
https://doi.org/10.31219/osf.io/auqfr
Taulbee, J., & Glahn, G. V. (2022). Law among nations: An introduction to public international law. taylorfrancis.com. https://doi.org/10.4324/9781003184898
Vemuri, N., & Venigandla, K. (2022). Autonomous DevOps: Integrating RPA, AI, and ML for Self-Optimizing Development Pipelines. Asian Journal of Multidisciplinary …, Query date: 2024-07-23 15:05:21.
https://hcommons.org/deposits/view/hc:64886/CONTENT/ajmrr_kamala- venigandla-navya-vemuri.pdf/
Weisberg, D., & Joslin, C. (2024). modern Family Law: Cases and materials. books.google.com.
https://books.google.com/books?hl=en&lr=&id=AQv0EAAAQBAJ&oi=fnd&pg=P T35&dq=contemporary+dynamics+legal+management+regulations+business+e xpectations&ots=JgLVY1auBC&sig=gh46i5RrSsQoat0bcNDMTY_qG7o
Witt, M., Fainshmidt, S., & ... (2022). Our board, our rules: Nonconformity to global corporate governance norms. Administrative Science …, Query date: 2024-07-23 15:05:21. https://doi.org/10.1177/00018392211022726
