Strategic Planning
/ˌstrætəˈdʒɪk ˈplænɪŋ/
Definitions
- (n.) The process by which an organization establishes its long-term legal objectives and allocates resources to achieve compliance and risk management goals.
The law firm implemented strategic planning to expand its regulatory compliance services.
Related terms
Commentary
In legal contexts, strategic planning often focuses on aligning organizational goals with regulatory requirements and mitigating liabilities rather than purely business growth.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.