Clients are always on the lookout for commercial advice that
helps to manage modern trends and current challenges. In the
transportation and logistics industry this includes the
opportunities created by new technologies as well as the global
demand for sustainability. In response, law firms need to reassess
their offering and provide comprehensive assistance to clients
along the supply chain.
Blockchain
New technologies have enabled businesses to integrate new
processes across the supply chain. The goal, unsurprisingly, is to
increase efficiency and unlock potential as processes become more
advanced and customer demand more complex.
Over the last few years, blockchain has undoubtedly become the
talk of the town. In the shipping business, digital ledger
technology seems to promise to overhaul the large volumes of
documents typically accompanying transactions, such as
charterparties, bills of lading and letters of credit. A prime
example is 'TradeLens', a
