Representing more than 1,200 CLOs and general counsel from 41 countries, the ACC Chief Legal Officers 2014 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
Eighty-three percent have named this as one of the leading challenges.
Reducing Outside Legal Costs
75% of respondents reported using some type of alternative fee arrangement (AFA) such as fixed fees.
The Pro Bono Element
This year's survey revealed that 95% of respondents do not have a formal pro bono program.
On behalf of the Association of Corporate Counsel (ACC), board of directors, staff and entire ACC community, our heartfelt sympathies go out to the victims and families of the tragic events in Paris.
Paris is the home of many of our chapter leaders, members, country representatives, sponsors and the in-house community at large. We share in the grief and sadness of those that have lost loved ones or suffered physically or emotionally.
At this time we are not aware of anyone from the ACC network of families and friends that have been injured or lost. Our hearts go out to our colleagues and friends and family of loved ones in Paris. We pray for your safety and security.
– Veta T. Richardson, ACC President & CEO Continue