Chief legal officers are become increasingly valuable to companies throughout the world amid growing concerns about new regulations, brand and reputation issues and disruptive technology, according to the 2019 Association of Corporate Counsel CLO Survey.

The survey shows that the number of CLOs who report directly to the company CEO climbed from 64 percent in 2017 to 78 percent in 2018. It’s an encouraging increase, but still not enough, according to ACC president and CEO Veta T. Richardson.

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