Article

The 2024 Chief Legal Officer (CLO) Strategy Survey

Transformation, challenges, communication, and collaboration

The chief legal officer’s roles and responsibilities have expanded beyond determining legal department strategy and providing legal services to the business. See how CLOs are now collaborating with their C-suite colleagues to help solve more complex business challenges.

Explore Content

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

Respondent profile

Click here for a larger view.

When asked to answer, “Which of the following best describes your level in your company or line of business?” respondents from the United States were included in the survey if they answered (1) top legal executive or (2) report to top legal executive. Although respondents from Australia, Canada, and Europe were included if they worked in any in-house legal function, 99% of the respondents from outside the United States were either the top legal executive or reported to the top legal executive.

*The total percentage exceeds 100% due to rounding of decimal values during percentage calculations.

 

Legal spend by company revenue

Survey respondents reported their organization’s results in the currency
used where the company is headquartered

USA 
Europe / United Kingdom
Australien
Kanada

Note:
Percentages may exceed 100% in some stacked bar charts due to rounding of decimal values during percentage calculations. This rounding does not affect the accuracy of the total number of respondents represented by each bar.

Download Key Findings

You can download the key findings of our survey here. 

Explore Content

Did you find this useful?
Deloitte Survey: Scepticism towards EU AI Act

German companies see new regulation as an
obstacle to AI development

The future of legal work?

The use of Generative AI by legal departments