Why Your Next Big Business Innovation Should Be Your Legal Strategy
In the race for innovation, businesses typically invest in tech, marketing and operations. Yet, one of the most powerful and underutilized growth levers sits quietly in the background: your legal strategy.
Traditionally seen as a cost center or defensive function, legal is rarely viewed as a driver of revenue or innovation. But in today's complex regulatory environment, companies that embed legal thinking into their core strategy gain a clear competitive edge — protecting intellectual property, navigating emerging markets and building reputations grounded in trust and compliance.
Here's how to turn legal into a growth engine — and why forward-thinking leaders are doing it now.
Related: Online Legal Tools Save Time and Money. But They Aren't Lawyers.
Case in point: Tesla doesn't just innovate in automotive tech — it aggressively protects its IP and uses litigation strategically. By securing patents early and publicly sharing some, Tesla built a moat and a brand known for cutting-edge transparency.
Too often, businesses file patents only after launching a product, leaving themselves vulnerable. Instead, they should involve legal counsel during R&D to ensure patentability, avoid infringement and time filings to maximize defensibility. Proactive legal teams also help structure licensing deals or spin-offs that generate new revenue streams.
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