The general counsel (GC) is more important than ever. From playing a central role in coordinating COVID-19 response to reimagining the legal department to providing input on strategic plans, a GC who can set priorities, clarify actions and balance competing interests is vital for a company to execute effectively in today’s uncertain environment.
Unfortunately, few GC exert this level of influence. “Very few GC believe they play a significant role in identifying and managing emerging issues, providing CEO support or executing corporate initiatives,” says Abbott Martin, VP, Research, Gartner. “Most GC fail to have a noticeable impact on business objectives.”
Only 19% of GC consider themselves personally effective, according to Gartner research. In the context of the GC role, personal effectiveness means achieving personal objectives, making a significant contribution to business outcomes and having influence with C-suite leaders. Simply providing high-quality legal services is a basic expectation for GC and does not differentiate performance.