The scope and responsibilities of the general counsel have increased in importance over the last several years, and GCs have more reasons than ever to be up at night—they are expected to assess and mitigate risk, ensure compliance with emerging regulatory regimes, and manage a budget while advancing the organization’s strategic objectives.
As a follow-up to Morrison & Foerster and ALM Intelligence’s inaugural General Counsel Up-at-Night Report, and our Second Edition Fall Report, we have again taken a deeper analysis into two significant areas of concern facing corporate law departments today:
Download each of these reports for insights into each of these areas, as well as the potential legal issues facing in-house counsel.
Privacy and data security are top concerns among general counsel. High-profile security incidents dominate headlines, and new global regulatory regimes, particularly with the rapid approach of the May 2018 deadline to comply with the European Union General Data Protection Regulation (GDPR), have created a complex matrix of new compliance requirements.
Our latest report examines the challenges that cybersecurity and privacy present for law departments with respect to:
Law department leaders identify risk and crisis management as an important area of concern, but the majority of respondents feel that their companies are inadequately prepared to effectively handle a crisis.
Our latest report takes a closer look at the reasons behind these concerns, as well as the role that outside counsel plays in crisis planning.
The inaugural survey asked 200 U.S.-based general counsel and in-house lawyers about the demand for legal services, law department operational and sourcing strategies, and the approaches taken by law departments in confronting five crucial issues identified through our ongoing conversations with clients:
Among the report’s key findings is a disconnect between the importance and amount of time that law departments devote to addressing these concerns.