The 2024 Chief Legal Officer (CLO) Strategy Survey

About the survey

In our 2024 CLO Strategy Survey, we asked 460 legal executives about various enterprise-wide and legal function-specific topics including transformation, trust, Generative AI, understanding the work and priorities of the legal function, and how that work is accomplished. Respondents were grouped into four geographical clusters: Australia, Canada, the United States, and Europe (Belgium, France, Germany, Italy Netherlands, Spain, and the United Kingdom) to better understand where legal functions around the world are aligned—and where they are not.

93%

of CLOs believe Generative AI (GenAI) has the potential to bring value to their organizations in the next 12 months. 45% of CLOs believe the C-suite is aligned on the mission, vision, and strategy for GenAI initiatives

85%

of CLOs expect the use of technology tools to increase in the next 12 months

82%

of CLOs report legal function workloads have increased over the past 12 months. 80% of CLOs also expect the legal function budget to increase in the next fiscal year

#1

Legal functions report cybersecurity is expected to be the subject area that increases the most in importance over the next 12 months