Sleepless Nights for GCs Caused by Regulations and Crisis Management
A new report from ALM Intelligence and Morrison & Foerster shows just what is keeping GCs up at night.
June 22, 2017 at 06:35 PM
5 minute read
As general counsel take on more responsibility within their companies, there are sure to be a number of challenges that are top of mind. But what are the concerns that rank highest for today's GCs?
A report from ALM Intelligence and Morrison & Foerster, unveiled Thursday at the 17th annual SuperConference, a gathering for in-house counsel and other legal professionals in Chicago, aims to answer just that question. The inaugural “General Counsel Up-at-Night” report looks at responses to an online survey conducted in spring 2017 from more than 200 U.S.-based general counsel and other in-house legal decision-makers.
The results reveal that the most pressing challenges faced by respondents are: regulations and enforcement; privacy and data security; risk and crisis management; litigation; and intellectual property. Among these, the biggest concerns are regulations and enforcement, with 74 percent of respondents identifying this as a very important challenge, followed by privacy and data security with 65 percent and risk and crisis management with 63 percent.
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