Tilburg Law School

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Erik P.M. Vermeulen on the Future of Law, Lawyers and Law Firms

Erik P.M. Vermeulen gave the keynote presentation at Clifford Chance "Empowering the Generation of Tomorrow" event in Amsterdam on April 4.

The Takeaway? Businesses should adopt the following strategies to give themselves the best opportunity to extend their lifecycle in a digital age:

(1) Companies should be mission-oriented, focusing on growth and innovation.

(2) Companies should be platform-driven.

(3) Business leaders should use storytelling to give "heart and soul" to the platform.

(4) Companies should have mutually constructive "partnerships" with start-ups.

(5) Business leaders should treat employees as "entrepreneurs" and give them "freedom and responsibility".

(6) Companies should embrace a "best-idea-wins-culture" in which top-down decision-making isn't the norm.