What’s on the Mind of GCs in 2024?

About the Webinar

In a legal landscape marked by unprecedented challenges, General Counsels face a pivotal juncture in 2024. The webinar delves into the key insights derived from Axiom’s comprehensive 2024 GC Survey Report, providing a roadmap for legal leaders to adapt and thrive in an evolving industry. 

The webinar emphasizes the need for GCs to adapt swiftly in an industry slow to embrace change. Insights from the report reveal that flexibility and innovation are key to success. With an 11% average reduction in legal department budgets, GCs are grappling with staffing challenges, leading 97% to engage external law firms. However, 89% find these partnerships suboptimal, sparking a search for more effective solutions. 

Agenda: 

RISE OF NOVEL TECHNOLOGIES AND EMERGING REGULATIONS: 

• Navigate the challenges posed by the rise of novel technologies and emerging regulations. 
• Discover innovative solutions for adapting to technological advancements and regulatory changes. 

BALANCING VALUES AND BUDGET: 

• Examine the dilemma faced by GCs in upholding company values while navigating budget constraints. 
• Learn from peers on prioritizing values without compromising fiscal responsibilities. 

OPTIMIZING LEGAL SERVICE PROVIDERS: 

• Capitalize on the evolution of legal service providers. 
• Explore ways to enhance collaboration and efficiency with external legal partners. 

As in-house budgets shrink, GCs face a tipping point. While law firms remain a viable support option, piecemeal outsourcing is proving costly and unsustainable. Join us for an insightful exploration of the challenges, strategies, and evolving landscape shaping the minds of GCs in 2024.