General Counsel 2015 poll results: how ready are GCs for a turbulent future?

General Counsel 2015 poll results: how ready are GCs for a turbulent future?

Economist General Counsel 2015 delegates poll

In October, The Economist held its General Counsel 2015 conference on the theme of Creating Value in a Disruptive World. LexisNexis sponsored the delegates poll, which discovered their views on the risks faced by in-house lawyers in today’s rapidly changing business climate. What are the most challenging issues for GCs in the next few years and are they ready to deal with them?

Infographic for General Counsel 2015 poll.

What are the top priorities for the coming year?

38% of delegates polled said that meeting regulatory/compliance requirements was their top priority for 2016. Improving operational efficiency (19%) and generating business revenue (14%) were also highlighted, reflecting the pressure on GCs to do more with less when delivering value to the business.

What are the top risks to business?

The responses here had a distinctly global focus. 43% of GCs highlighted a global recession as the top risk, followed by a slowdown in emerging markets (24%) and Britain’s potential exit from Europe (20%). 10% of those polled specifically mentioned a slowdown in China’s economy as a threat.

What are the top opportunities for businesses?

Not surprisingly, GCs see opportunities on the flipside of risks. 43% believed t

Subscription Form

Related Articles:
Latest Articles:

Already a subscriber? Login
RELX (UK) Limited, trading as LexisNexis, and our LexisNexis Legal & Professional group companies will contact you to confirm your email address. You can manage your communication preferences via our Preference Centre. You can learn more about how we handle your personal data and your rights by reviewing our  Privacy Policy.

Access this article and thousands of others like it free by subscribing to our blog.

Read full article

Already a subscriber? Login

About the author:
Sophie Gould is the Head of Lexis®PSL In-house. Sophie worked as an in-house lawyer for 10 years including seven years as Head of Legal for Virgin Radio and Ginger Media Group. She has also run a legal risk and compliance training business.

 

Since joining LexisNexis in 2009 Sophie has worked on developing our legal and business content for the in-house legal community.  She also runs various networking and mentoring groups for in-house lawyers and works with schools to promote social mobility within the legal profession.