The participants’ titles are:
•;Chief Legal Officer/General Counsel (or other head of an in-house legal function) 50%
•;Region or Division General Counsel (or equivalent) 18%
•;Deputy General Counsel (or equivalent) 8%
•;Asst. General Counsel (or equivalent) 11%
•;Senior Counsel (and other titles) 12%
To appreciate how the profession of in-house counsel as well as the appreciation for their
role within companies, has improved substantially in the last five to ten years, the study shows that
senior counsel respondents report to high-level executives in their organizations.
Respondents report to:
•;Chief Executive Officer or equivalent 30%
•;Chief Legal Officer/head of in-house legal function 39%
•;Chairman/Board of Directors or equivalent 11%
•;Chief Financial Officer or equivalent 9%
•;Chief Operating Officer or equivalent 1%
• Other 9%
Ninety-four percent of study respondents in Europe have direct access to their company or
division’s leadership. Five percent said they have access somewhat, 1 percent “only indirect access,”
and no one said they do not have access. This is excellent news, and shows that if corporate counsel
can present compelling returns of efforts to derive more value externally and internally, they will
have the ear of executive leadership.
The WLG Global Agenda Study shows that senior corporate counsel in Europe are generally
happy with their jobs ( 51 percent like their job more now than a few years ago, 27 percent say no
change). The reason that comes up most often for their answer is “stronger role of corporate counsel”
( 48 percent).
We believe that corporate counsel in Europe (and elsewhere) can have greater impact and
more satisfaction with their work when they make progress in achieving more value from internal
and external resources. As stated in Chapter 1, the study shows that the biggest concern for European
counsel is to meet demand for services given resource constraints. The second biggest concern is
managing so many compliance challenges.
The highest priority among senior counsel in Europe is to improve the compliance
capability, and directly following that is the priority to reduce external costs of the legal function.
Three out of four of the biggest concerns and priorities of senior counsel respondents in Europe
related to the effective management of resources—both external and internal providers.
*WLG Global Agenda: Issues and Priorities for Senior Corporate Counsel Worldwide, see page 11.