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This article discusses the early implications of Generative AI for corporate legal management. It highlights the challenges faced by General Counsel in balancing the need to support the roll-out of GenAI capabilities while maintaining good governance, ethics, and compliance. The article also addresses the impact of GenAI on M&A and ESG compliance, as well as the shift in the delivery model for legal departments and advisors. The use of GenAI has also created cross-border legal frictions, requiring updates to risk management frameworks.