Thammarak Boonmuang – GC Powerlist
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Thailand 2024

Healthcare

Thammarak Boonmuang

Legal director | Pfizer

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Thailand 2024

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Thammarak Boonmuang

Legal director | Pfizer

Team size:   2 

  

What are the most significant cases or transactions that you have recently been involved in?  

Over the past year, I have provided commercial legal advice and developed a comprehensive commercial contract for the end-to-end importation, warehousing, distribution, and logistics of pharmaceutical products in Thailand. This task has been of paramount importance due to the intricate regulatory environment, the integrated commercial and technical aspects, and the essential goal of ensuring a reliable supply chain for medical products. 

I developed a comprehensive contract template that addresses the specific business and technical requirements, local compliance, and logistical challenges specific to the pharmaceutical industry. This template has been adopted as a standard within the organisation for emerging markets in Asia, streamlining processes and ensuring consistency in our contractual engagements across the region. 

This template has been instrumental in facilitating efficient and compliant operations, thereby supporting the organisation’s commitment to delivering high-quality healthcare solutions to ensure that no eligible patient is left behind. 

 

Focus on…The Evolution of the general counsel role in Thailand: a five to ten-year outlook and ripples of AI  

The landscape of legal counsel in Thailand is on the brink of significant transformation over the coming decade. This evolution will be characterised by an enhanced integration of (i) leadership qualities, (ii) comprehensive commercial legal knowledge, and (iii) the strategic implementation of emerging technologies, particularly Artificial Intelligence (AI). 

AI’s advent heralds a new era in the legal domain, promising to deliver unparalleled efficiency and precision. It is incumbent upon general counsels to adopt a forward-thinking approach, ensuring AI is harnessed with due diligence, ethical consideration, and legal compliance. In their capacity, general counsels will be pivotal in directing the organisation’s AI strategy, safeguarding the harmonious transition from traditional legal methodologies to innovative AI-enhanced processes. 

They ensure that AI is not only employed to enhance efficiency and innovation but also aligns with legal standards and ethical practices. The general counsel’s directives, combined with comprehensive commercial legal knowledge, help mitigate risks, safeguarding the organisation against potential legal pitfalls and reputational damage. By setting clear policies on AI usage, the general counsel fosters a culture of responsible innovation, where technology serves the greater good without compromising legal or ethical principles. 

The introduction of AI is set to redefine the operational focus of the general counsel and their teams, shifting from routine legal tasks to a concentration on strategic oversight, leadership, and organisational governance. This paradigm shift will not only elevate the role of the legal department but also redefine its contributions to the broader organisational strategy. 

As for the impact of AI on the legal sector, it remains a subject of ongoing discourse. The current developments are but an initial glimpse into AI’s potential within the legal profession. As AI continues to advance, it is anticipated to profoundly expand the capabilities of legal practitioners and fundamentally alter the contours of legal practice. It might be too early to say if AI’s impact on the legal world is too much or too little. What is clear is that AI is just starting to show its potential in law, and it is likely to become a bigger part of the field as it develops. 

For legal professionals, embracing this wave of technological innovation is not optional but essential. The legal vocation demands a commitment to lifelong learning and adaptability, principles that are now underscored by the need to stay abreast of technological advancements. 

If you find yourself pondering whether this article is the work of a human, Thammarak, or an AI, it is a testament to the increasingly seamless collaboration between human intelligence and artificial ingenuity. 

Should there be any hesitation in answering this query, it signifies a pivotal moment to commence your journey in AI literacy and application within your legal practice. Irrespective of the forthcoming changes in the general counsel role in Thailand, AI’s integration into our daily legal activities is inevitable and will become more pronounced with each passing year. 

  

 

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