ACC Australia and Taylor Root In-House Counsel Trends Report 2024
The In-house Paradigm – doing more with less!
Anticipating, analysing, and planning for challenges are key skills for in-house legal teams. This year’s report is more than just a document – it’s your gateway to the latest trends shaping the future of in-house legal teams.
Key Highlights Include:
- 58% of CLOs report to the CEO, reflecting the growing importance of the legal department in managing risk
- There’s a greater reliance on technology as 45% of legal departments invest in new technology
- 43% of in-house lawyers are kept awake by cybersecurity issues
- With 51% of Chief Legal Officers overseeing risk and compliance, the role of in-house counsel is more dynamic than ever
- 41% of legal teams are facing salary expectation challenges with new recruits
- 11% of teams expect staff reductions over the next 12 months.
We hope the key trends identified in the 2024 report will assist you in your role as a strategic advisor to the business.
If you have any questions or would like to discuss any details from the report, please get in touch with Hayden Gordine, Partner and Head of Taylor Root Australia, or a member of the Taylor Root team.
Complete the form below to download the full report.