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Many general counsel think a recession could be on its way, according to a new report from Russell Reynolds Associates, but only 14% of legal exec respondents said they are "well prepared" to manage an economic downturn.
June 14, 2019 at 02:50 PM
1 minute read
Most legal executives think a recession could be on the horizon yet few have prepared themselves and their departments for a possible crash, according to a report released Friday.
In a survey of 72 legal executives based in North America at Fortune 500 companies, leadership advisory and search firm Russell Reynolds Associates found just 3% of the company’s top lawyers view a recession as “highly unlikely in the next 18 months.”
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