GC Roles Evolve Faster as All Companies Become Data Businesses, ACC Docket

In an article for the Association of Corporate Counsel’s ACC Docket, New Era ADR CEO and Co-Founder Rich Lee and David Carter, Head of Litigation and Regulatory Policy for Postscript, discuss the evolution of in-house legal positions, thanks in part to digital technology.

“Long ago, chief legal officers started to expand from their initial duties of simply steering internal clients away from legal trouble,” the authors write. “Modern CLOs and their deputies embed themselves into business units to help turn ideas into market realities. However, digital technology is accelerating this transformation because every company has become a part of the data economy. As a result, CLOs must lead their in-house clients through data protection, compliance, and risk mitigation efforts.”

“This combination of embedded legal counselor and data protection czar places them at the center of business decision-making, identifying opportunities where data can translate to revenue.”

Read Rich and David’s article in the ACC Docket here.