Representing 1,104 CLOs and general counsel from 36 countries, the ACC Chief Legal Officers 2013 Survey provides an unbiased and in-depth analysis of the highest ranking lawyers in corporate legal departments—reviewing their top concerns for the past 12 months, today, and into the future, and a prioritization of their business issues.
As the largest global survey of CLOs, the report includes an executive summary, key findings, demographics, a profile of who is serving in the CLO role today, data reporting on staffing, budgeting and compensation, and a snapshot of law departments in a variety of settings. Notable findings identified in the report reflect trends in the areas of:
Ethics and Compliance
87% of respondents believe this to be an increasingly important issue for the CLO community and other legal professionals.
Regulatory and Governmental Changes
More than 80% have named this as one of the leading challenges, a more than 30% increase over 2011.
Reducing Outside Legal Costs
More than 75% of CLOs use outside counsel spending as a method of evaluating success.
The Pro Bono Element
This year's survey revealed that 95% of respondents do not have a formal pro bono program.
Other CLO Items
The information in any resource collected in this virtual library should not be construed as legal advice or legal opinion on specific facts and should not be considered representative of the views of its authors, its sponsors, and/or ACC. These resources are not intended as a definitive statement on the subject addressed. Rather, they are intended to serve as a tool providing practical advice and references for the busy in-house practitioner and other readers.