The general counsel (GC) is more important than ever. From playing a central role in coordinating COVID-19 response to managing corporate risks to providing input on strategic plans, a GC who can set priorities, clarify actions and balance competing interests is vital for a company to execute effectively in today’s uncertain environment.

Unfortunately, most GCs do not have the impact or influence they should—or desire. Less than half of GCs believe they play a significant role in identifying and managing emerging issues, providing CEO support or executing corporate initiatives. Only one out of four corporate directors believe their GCs effectively inform the board about the legal and compliance risks of digital business transformation (a key priority for many boards). All in all, only 19% of general counsel are effective in their role.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]