A key worldwide Association of Corporate Counsel (ACC) survey of chief legal officers has found data and privacy issues are weighing the most on their minds. The 2021 Chief Legal Officer (CLO) survey sought to measure the impact of the covid-19 pandemic on these key business partners, and drew responses from 947 CLOs across 21 industries and 44 countries.
The CLOs reported that compliance and data privacy functions were the most important issues for them in 2021. A significant 80% of the respondents surveyed expressed concern over changing data privacy laws in the jurisdictions where they do business, and 90% expect these data privacy concerns to accelerate.
“This report demonstrates that we are truly in the age of the CLO, and within the incredibly dynamic, Asia-Pacific business environment, the 2021 ACC Asia-Pacific CLO report provides an important blueprint and reasoning for the CLO assuming increased influence across the organisation,” said Tanya Khan, the vice president and managing director of ACC Australia and Asia-Pacific.
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