Legal departments are vastly different than they appeared ten years ago. Today, more than ever, corporate legal departments are responsible for protecting their organizations from potential risk. Gone are the days of handling matters in a tactical fashion – The office of the General Counsel must remain ahead of the curve.
Several reports have been recently published that mirror our view of tomorrow’s corporate legal environment, reflecting trends such as:
- Almost 1/3 of General Counsels see compliance as the biggest threat to the business. (The 2015 Law Department of the Future and General Counsel Excellence Report, Global Legal Post)
- 60% of General Counsels cite regulations and compliance as the number one issue they are most concerned about over the next 18 months. (2016 Annual Litigation and Corporate Compliance Survey, AlixPartners)
- Continuing increases in regulatory enforcement will drive even greater compliance focus. (2016 Chief Legal Officer Survey, Altman Weil)
Are you ready to shift your legal operations into HIGH GEAR? Find out where your legal operations stand in our maturity model bolstered by recent research findings by viewing our slide share!