With the converging priorities among enterprise Legal, IT, Security, Privacy, and Compliance departments becoming more apparent each day, Today’s General Counsel and Exterro sought to conduct a survey that could investigate the way Legal Departments are handling new inter-departmental challenges like those created by new data privacy laws and the recent COVID-19 pandemic.
Because so many different business units are critical to the success or failure of a defensible and efficient enterprise risk mitigation program, we wanted to find out how businesses of all sizes are handling these challenges. We surveyed 153 Legal department heads—typically the General Counsel or Chief Legal Officer—at businesses with in-house teams ranging from five or fewer (42%) to more than 50 (18%) and got their insights into how they work with other departments that are critical to compliance.
We brought their answers and commentary together to create Exterro’s first-ever Corporate Legal Leaders Survey, which had three major takeaways:
The General Counsel’s growing influence extends beyond Legal and into business risk
Most compliance challenges coalesce around one thing: how to defensibly manage data
Legal Leaders must spearhead a comprehensive data management strategy to combat evolving regulations