"The value of applying their unique training and experience to roles outside the traditional legal function is increasingly being recognized as beneficial to the strategic and operational needs of their organizations," said Veta Richardson, CEO of the Association of Corporate Counsel.
January 24, 2023 at 06:43 AM
2 minute read
Legal departments will have to do more with less in 2023, a new Association of Corporate Counsel suggests.
For starters, privacy-related regulatory enforcement is projected to increase this year. According to the 2023 Chief Legal Officers Survey, which analyzed data from 892 CLOs across 20 industries and 35 countries, 67% of chief legal officers surveyed say privacy-related enforcement will increase this year, up 7% compared to 2022.
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