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Jun 21 2019
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Corporate Counsel Can Help Boards Close Tech Knowledge Gap

Image by Michael Schwarzenberger from Pixabay
Posted on June 21, 2019 by | C-Suite, Corporate Culture, Corporate Governance, General Counsel, In-House Counsel, Information Governance, Legal Departments | No Comments

Half of public company directors say their boards lack insight into emerging technologies affecting their industry, and they often rely too heavily on management to stay current, finds a new survey from Ernst & Young. Corporate general counsel are well positioned to get their boards up to speed and help guide the organization to tech investments that will advance efficiencies, as well as minimize the potential risk of hasty technology adoption. General counsel can bridge the divide by “[making] sure that not only the board, but management, is getting some type of external perspective so they can sufficiently address the […]

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Jan 18 2019
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Legal Departments Falling Behind in IT Investment

Information Technology Investment
Posted on January 18, 2019 by | C-Suite, In-House Counsel, Information Technology IT, Legal Departments | No Comments

As in-house legal departments face growing C-suite pressure to be more involved with corporate strategy, many general counsel find they lack the technology needed to move their departments beyond repetitive tasks. Surveying roughly 300 in-house legal teams, across nine countries, a new study finds 60 percent of respondents believe their legal function is ready to adopt technology that can carry out routine tasks. But only 56 percent of respondents thought their departments are spending enough on technology to improve efficiencies.  At the same time, the imperative to invest is growing, amid a tighter regulatory environment, mass globalization of business, and […]

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