The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

The Corporate Counsel Poll: Need for perspective

Companies are swamped with compliance work. Hedge funds and private equity might be creeping up unawares.

(This article appears courtesy of International Financial Law Review, sign up for a free trial on their site

By Nicholas Pettifer

Company management wants in-house counsel to keep budgets low (while maintaining thorough due diligence). It requires lawyers to keep an eye on the growing trend of dual-track offerings. Most importantly, it expects counsel to plan strategies to cope with the threat of hedge funds and private equity.

There is one problem: European corporate counsel are so swamped with records management and compliance that they don't have time to plan for any lurking dangers. While this might not be an issue for multinational corporations with large budgets and expansive legal staff, there is a lot of concern among smaller companies.

This year, IFLR has undertaken its first Corporate Counsel Poll. It was designed by corporate counsel to survey their peers and was undertaken on an anonymous basis to allow for frank opinion. Preliminary results were then discussed with selected corporate counsel. Among other things, the final results suggest that some European in-house lawyers are overstretched in routine areas, leaving their companies exposed to more infrequent threats.

Overwhelming compliance

"You need to have a contract for everything, know where it is kept, who signed it and when you need it.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree