A recent survey has revealed that geopolitics is currently the most significant disruptive force facing legal departments globally. The study involved 1,000 leading in-house lawyers, including general counsel and chief legal officers from various organizations, particularly those with over $1 billion in annual revenue. A striking 76% of participants identified geopolitical issues as a primary challenge for their legal teams.
In addition to geopolitics, regulatory environments and technology advancements also emerged as substantial concerns, with 75% and 74% of respondents respectively flagging these areas as significant challenges. These insights were gathered from legal professionals across 21 countries, providing a comprehensive view of the challenges faced by legal departments worldwide.
For more details, see the full findings from the survey in the original article.