2015 ACC global census: A profile of in-house counsel

    By: Kelsey Vuillemot on Oct 16, 2015

    From the Association of Corporate Counsel, "Between March and May 2015, the Association of Corporate Counsel (ACC) conducted a census study to profile the corporate, in-house legal profession. In total, 5,012 in-house counsel from 73 countries participated in the survey.

    ACC conducted this census to create a demographic portrait of in-house counsel around the world. This study explores key areas of interest among in-house lawyers such as career history and mobility, corporate climate and culture, incidences and impact of mergers and acquisitions, usage of outside law firms and the personal demographic details of individual in-house counsel. Wherever possible, ACC has provided data on trends over time.

    The information contained in this Executive Summary of Key Findings and the full report provides useful data for corporate legal departments, law firms and legal industry partners, such as recruiters, knowledge management consultants and litigation support providers as they seek to adjust to environmental changes affecting corporate practice. Legal work continues to shift among law firms, legal service providers and in-house law departments.

    Lawyers today need more than legal skills; they also benefit from cultivating emotional intelligence, business acumen and solid relationship-building. With a continued focus on globalization, ongoing shifts in global markets, volatility in global security and profits and mergers and acquisitions, cultural fluency has also become vital for lawyers to succeed. Partnerships between firms and legal departments have a renewed focus on value. And the flow of lawyers making the switch from firms to in-house departments has increased, as firm lawyers seek the balance and the in-depth business involvement that an in-house career offers.

    This report provides opportunities for both in-house and outside counsel to better understand the landscape of the corporate legal field on topics including compensation, turnover and trends in outside counsel usage."

    To read more, follow the link below and create a free profile.

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    Released: October 16, 2015, 6:33 am | Updated: October 16, 2015, 1:09 pm
    Keywords: NAWL News


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