Events

ACC Australia and Taylor Root release 2024 In-House Counsel Trends Report

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. It delivers insights that highlight the latest internal and external trends, outsourcing practices, and perceptions of both existing and emerging threats to in-house teams. It also explores the workload, job satisfaction, and work-life balance of in-house counsels, along with their future upskilling plans.

Key Highlights Include: 
   +  There’s a greater reliance on technology as 45% of legal departments invest in new technology and that one third of legal departments have adopted AI
   +  An increased awareness of rising cyber threats is keeping 43% of in-house lawyers are awake by these issues.
   +  58% of CLOs report to the CEO, reflecting the growing importance of the legal department in managing risk.
   +  With 51% of Chief Legal Officers overseeing risk and compliance, the role of in-house counsel is more dynamic than ever
   +  1 in 4 lawyers see operational efficiency as a top priority.
   +  1 in 5 legal departments play a central role in ESG activities.

We'd like to convey our sincere appreciation to this year's survey sponsor, Taylor Root, for their invaluable support in bringing this report to fruition, and to our partners as your generosity and support enables us to provide exceptional services and resources to our members.