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An Inside Look at Legal Entity Management Practices
ACC, in collaboration with Deloitte Tax LLP's Legal Business Services Practice, is pleased to present the 2023 edition of An Inside Look at Legal Entity Management Practices. The purpose of this report is to improve our understanding of existing legal entity management (LEM) team structures and practices that organizations have in place to manage complex compliance and regulatory obligations.
Effective entity management can help ensure legal compliance, secure business continuity, and reduce delays in maintaining corporate records, all leading to better business outcomes and thus showcasing legal as a major value center for the company.
The report is based on a survey population of 467 organizations covering 20 industries, all global regions, and companies of all sizes, and comparisons with the 2022 results show how LEM practices have evolved in the last year.