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Entrepreneur
27 minutes ago
- Entrepreneur
Why Your Next Big Business Innovation Should Be Your Legal Strategy
A proactive legal strategy — once seen as merely defensive — is now a powerful, often overlooked driver of business growth, enabling companies to protect innovation, build trust, navigate regulation and gain a competitive edge. Opinions expressed by Entrepreneur contributors are their own. 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. 1. Use legal strategy to protect and monetize innovation 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. A University of Connecticut article put it best: "Legal knowledge is the last great source of untapped competitive advantage." Companies that grasp this shift use legal foresight not just for protection, but to unlock growth. 2. Let legal drive brand trust and market differentiation Consumers today care about ethics, including data privacy, fair labor and responsible sourcing. Companies that build compliance into the core of their operations — not just their legal disclaimers — win customer loyalty. For example, Patagonia's public commitment to environmental and labor standards isn't just PR, it's supported by a legal backbone that guides supply chain contracts, employee policies and intellectual property use. That legal strategy reinforces the company's brand at every touchpoint. Even small businesses can follow suit. Transparent privacy policies, ethical employment agreements and sustainable practices — backed by strong legal frameworks — can differentiate your brand. It's not just risk mitigation; it's reputation building. Related: Nine Common Legal Mistakes Small Business Owners Make 3. Turn compliance into first-mover advantage Most see regulation as a burden. But the savviest companies see it as an opportunity to lead. For example, General Data Protection Regulation (GDPR) compliance in the EU was expensive, but those who adapted early gained customer trust and avoided costly penalties. Many also discovered competitive advantages: cleaner data practices, better marketing segmentation and clearer consent frameworks. The 2024 ACC/Exterro report found that 84% of legal operations teams now engage proactively in business planning. These teams help companies anticipate regulation shifts, not just react to them. Emerging industries like clean tech, AI and health data are regulatory minefields. But early legal involvement allows you to develop compliant offerings ahead of competitors, capture early market share, and even shape policy. A tech-forward legal partner is key The American Bar Association's 2024 AI TechReport showed that over 30% of attorneys now use AI tools, with adoption surging at larger firms. These technologies do more than automate — they surface insights, identify trends, and improve outcomes. That's why entrepreneurs should partner with firms that don't just "do law," but operate like agile, tech-enabled businesses. Legal doesn't have to be just a back-office function — it can be a real engine of innovation. Start by bringing legal into the conversation early. Involving legal leaders in product planning and C-suite strategy helps you spot opportunities and risks before they become costly problems. Look for legal partners who aren't stuck in the past — firms that use AI, understand your industry, and go beyond the billable hour can add strategic value, not just react to issues. It's also worth being proactive. Regular audits of your contracts, data policies, intellectual property, and governance can uncover untapped value and reduce risk. Make compliance part of your culture — not just a checklist — with training that connects policies to real values like transparency and fairness. Finally, don't just view legal as a cost center. Track how legal contributes to smoother product launches, protects your brand reputation and supports long-term revenue growth. That's real ROI. Related: Why AI Isn't Your Advantage — Your People Are Think legal, think growth In today's landscape, legal strategy isn't just about risk — it's about results. From protecting innovation to navigating new markets and building brand trust, a proactive legal function helps you move faster, safer and smarter than the competition. The next wave of business innovation won't just be built in code or factories — it'll be forged in contracts, compliance and courtroom foresight. Make legal your advantage.
Android Authority
27 minutes ago
- Android Authority
Galaxy Tab S11 leak spills all the details, and it could be good news for US users
Earlier this year, we found evidence that Samsung was working on at least three Android tablets. These tablets would include two successors to the Galaxy Tab S10 and an S10 Lite model. Last month, a Samsung executive confirmed to Android Authority that the Galaxy Tab S11 series is on the way and that the release would follow 'our traditional cadence.' A new leak may have now revealed the specifications, launch window, and European prices. According to a report from Dealabs , the Galaxy Tab S11, S11 Ultra, and S10 Lite will have Wi-Fi and 5G models. The Galaxy Tab S11 series will reportedly be available in Gray and Silver. Meanwhile, the Galaxy Tab S10 Lite is said to have three color options: Gray, Silver, and Red. In addition to these details, the leak revealed the following specs for all three tablets: As mentioned earlier, we were told that the launch of the Galaxy Tab S11 would follow Samsung's traditional cadence. Last year, the company launched the Galaxy Tab S10 in September, meaning we should expect a release that month. When exactly in September is unknown, but Dealabs suggests that the launch should happen between September 4 and September 5. It's still unclear what the prices will be in the US, but this leak does give us the prices in Europe. Samsung Galaxy Tab S11 12 GB / 128 GB: Wi-Fi: €899 ($1,047) / Wi-Fi + 5G: €1,049 ($1,221) 12 GB / 256 GB: Wi-Fi: €959 ($1,116) / Wi-Fi + 5G: €1,109 ($1,291) 12 GB / 512 GB: Wi-Fi: €1,079 ($1,256) Samsung Galaxy Tab S11 Ultra 12 GB / 256 GB: Wi-Fi: €1,339 ($1,559) / Wi-Fi + 5G: €1,489 ($1,733) 12 GB / 512 GB: Wi-Fi: €1,459 ($1,698) / Wi-Fi + 5G: €1,609 ($1,872) 16 GB / 1 TB: Wi-Fi: €1,759 ($2,047) Samsung Galaxy Tab S10 Lite 6 GB / 128 GB: Wi-Fi: €399 ($464) / Wi-Fi + 5G: €459 ($523) 8 GB / 256 GB: Wi-Fi: €469 ($546) / Wi-Fi + 5G: €529 ($616) The prices for the Galaxy Tab S11 Ultra appear to mirror the launch prices for last year's Galaxy Tab S10 Ultra. That bodes well for the US, as it could mean that Samsung has no plans to hike up prices. But we'll still have to wait for the official announcement to know for sure.
Business Insider
36 minutes ago
- Business Insider
Tesla's China Crisis Deepens as Rival Huawei Revs Up $1.39B EV Investment
Tesla's (TSLA) troubles in China intensified today after local tech giant Huawei pledged to invest over $1.39 billion into electric vehicle (EV) technology. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Huawei's joint EV brand with Chery – Luxeed – will benefit from the investment including an expansion of its research and development team to 5,000 people. Technology Gap In a WeChat post, Huawei said that the move would help strengthen the Luxeed brand's lead in technology terms. Indeed, they hail it as Luxeed's Phase 2.0 A new energy vehicle (NEV) company dedicated to Luxeed has been established, with production, sales, and services operating independently to provide a better service experience, the two companies said. Luxeed said that multiple new products are set to launch, with a more diverse product portfolio set to inject strong momentum into the brand's long-term development. Luxeed is already on the road. It launched the S7 pure electric sedan in November 2023 and rolled out its second model, the R7 in September last year in a challenge to both the Tesla Model S and Y. Earlier this month it announced that it would begin pre-sales of updated versions of both the S7 and R7. The official launch of the revamped vehicles is expected next month. Tesla Tension It comes only days after it was revealed that sales of China-made Tesla EVs declined 8.4% in July 2025 year-on-year to 67,886 units. This marks the sixth month out of seven this year where Tesla's Shanghai shipments have seen a decline, reflecting the mounting pressure Tesla faces in the world's largest EV market. This is important given that a fifth of total Tesla revenue comes from China. It is already facing tough competition from the likes of BYD (BYDDY) and Xiaomi (XIACF), which offer more affordable new models. It is also suffering a backlash from chief executive Elon Musk's high profile and controversial on-off relationship with President Trump. Tesla plans to fight back in China launching a larger version of the Model Y this fall. It also aims to launch a longer-range, rear-wheel-drive Model 3 in China this September, called the Model 3+. The company hopes this new model will help compete with Xiaomi's SU7 sedan.
