The Association of Corporate Counsel (ACC) 2019 Chief Legal Officers survey has found that sustainability, disruptive technologies, privacy laws, data security and protecting a brand’s reputation are among the issues expanding the influence and prestige of the chief legal officer (CLO) in companies around the globe.
Feedback from 1,639 CLOs in 55 countries also found that the proportion of CLOs who report directly to the chief executive officer (CEO) has jumped from 64% to 78%.
A leap of 14 points in one year in this critical CLO reporting metric demonstrates that, “the age of the chief legal officer,” is established, and on a strong foundation, the survey reported.
