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Economic recession/Credit: alphaspirit/Shutterstock.com Economic recession/Credit: alphaspirit/Shutterstock.com

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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Caroline Spiezio

Caroline covers the intersection of tech and law for Corporate Counsel. She's based in San Francisco. Find her on Twitter @CarolineSpiezio.

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