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GC highlight biggest concerns for 2017
A new survey has revealed what general counsel will be placing a greater emphasis on in 2017, as well as what they believe will be their legal department’s greatest impediment.
Emma Musgrave
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Originally published by Corporate Counsel, the survey, conducted by the Consero Group in partnership with law firm Fisher Phillips, revealed that more than half of the general counsel surveyed highlight compliance and ethics management as their top priority for 2017.
This was followed by labour and employment issues, which were both highlighted by 29 per cent of survey respondents, followed by outside counsel management at 27 per cent.
The survey also asked general counsel what they would describe as the greatest challenge in their legal department’s progress this year.
According to the survey, 41 per cent said their legal department's greatest obstacle will be access to budgetary resources, while 19 per cent cited a lack of buy-in from senior management.
Furthermore, over 40 per cent of general counsel surveyed expect their legal department spend to increase in 2017, while 44 per cent do not foresee any changes.
Other findings from the survey revealed that two thirds of general counsel believe their companies are prepared for ongoing cyber security risks.
“In 2017, general counsel can expect to spend more of their time focused on cyber security and data privacy, with plenty of attention going to compliance and ethics matters, as well as labour and employment issues,” the survey said.
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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