Chief Legal Officers Are Questioned - And the Answers Are Costs and Compliance

CLOs Questioned

Despite the promise of an improving economy, astute corporations continue to address their business fundamentals, positioning themselves to capitalize upon the economic recovery as it accelerates.  This corporate focus on economic fundamentals translates into specific mandates for the corporate law department.  According to a recent survey of chief legal officers (CLOs), the three most important law department management issues that they will face in the near term are:

  • budget constraints;
  • cost control; and
  • staffing issues.

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