As financial-accountability legislation, new anti-corruption rules, and datasecurity concerns have exacerbated the pressures placed upon high-level executives generally, the responsibilities and expectations of Chief Legal Officers have climbed to extreme levels. Moving beyond setting the company’s legal strategy, today’s General Counsel are tasked with cultivating a corporate legal team with highly specialised legal and business-management skills. Yet the precise shape and extent of the General Counsel’s part in the C-suite remain somewhat contested topics.
The survey presented below was developed in connection with an invitationonly event hosted by Consero Group in March 2013 for European General Counsel. The Forum aimed to address common concerns—such as departmental budgeting, leadership accessibility, staff growth and turnover, and information-security threats—in an effort to promote a sharing of insights and solutions to the dilemmas facing today’s General Counsel. While the survey was limited to 42 participants, the answers provide some useful benchmarking data, as well as valuable insight into the opportunities and challenges of this group of senior executives.
Consero’s 2013 European General Counsel survey included a total of 13 questions in the following areas:
The questions were posed to all legal officers in attendance at the event, yielding data that appears with brief analysis on the pages that follow.