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2014 ACC Chief Legal Officers Survey

2014 ACC Chief Legal Officers Survey

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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 corporat ...
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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.
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