Based on responses from 1,800 in-house counsel in 53 countries, the Global Perspectives: ACC In-house Trends Report reveals insights that lawyers, department leaders, aspiring in-house counsel, law firms and anyone working with inside counsel can use to plan a positive future. It covers trending topics such as the inside-outside counsel relationship, career mobility, professional development, department resource allocation, cybersecurity, professional privilege, and more. Interviews with global in-house counsel sharing their experiences are also included.
- Outside counsel relationships
- Legal professional privilege
- Cybersecurity and technology
- Cross-border work and relocation
- Global business practice
- Changing jobs and/or careers
- Career development
- Returning to work after a leave
- Professional background of In-house counsel
- Perceptions of compensation
Example of findings:
- The perception of in-house counsel has steadily risen over the past several decades. Fifty-eight percent of respondents agree that they now enjoy the same status as outside counsel. Read the report to see the regional variation on this topic.
- Sixty-five percent of female lawyers found it difficult to find a new position after a two-year or more absence from the workforce.
- Thirty-six percent of US respondents stated their companies have changed how they do business as a result of recent regulatory action. See how the EU-US Privacy Shield is impacting European CLOs.
- Six percent say their department tracks the diversity among their outside service providers while 20 percent say their company has a formal program to advance the careers of diverse employees.
- One in three respondents noted their law department will direct resources to mandatory employee training, and one-quarter will focus resources on data security audits. Sixteen percent of survey respondents will assign a law department member to the data crisis response team.
ACC Members can download the executive summary below. The full report is available for purchase here.