Wage pressures, a turbulent geopolitical context creating uncertainty for companies, and the unknowns surrounding artificial intelligence. These may seem like pieces of the same puzzle that do not yet fit together, but they share a common factor: a significant impact on the world of work and on employment law.
These are all issues that De Luca & Partners, a law firm founded in Milan in 1976 by Vincenzo De Luca, currently its Chairman, deals with on a daily basis. The firm was established with the aim of building a practice focused on employment law and industrial relations. “The decision to create a boutique firm,” explains Vittorio De Luca, Managing Partner of the firm, “was a courageous and decidedly forward-looking choice for the time, and one that proved successful. In its 50-year history, the Firm has never stopped growing and today has become a point of reference for national and international companies in employment law and in outsourced personnel management and administration services for businesses operating in Italy.”
The most urgent issue is undoubtedly Artificial Intelligence, whose real impact is still largely unknown. Beyond estimates and forecasts, there is considerable concern about the effects AI may have on employment and business organisation. “In reality, technological change is nothing entirely new,” Vittorio explains. “My father used to tell me about Lagomarsino, a company that manufactured mechanical calculators and employed thousands of workers. With the advent of electronics in the 1970s, that world disappeared within just a few years. The difference today lies in the speed and scale of the change, which is affecting all sectors of the economy at the same time. What we need is a regulatory framework capable of governing a new and rapidly evolving reality.”
Continue reading the full version published on L’Economia – Il Corriere della Sera