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Hong Kong’s only association run ‘by in-house counsel, for in-house counsel’®

The Association of Corporate Counsel (ACC) Hong Kong (formerly Hong Kong Corporate Counsel Association) is dedicated to supporting and advancing the in-house legal profession in Hong Kong. Our 900 plus Hong Kong members form part of the global ACC global network, consisting of more than 44,000 in-house counsel members in 85 countries. ACC Hong Kong members have access to quality local educational and networking events, regional publications and resources, as well as insights and best practice from the global in-house profession.

ACC Foundation’s 2020 State of Cybersecurity Report released

The Association of Corporate Counsel (ACC) Foundation is proud to announce the release of the 2020 State of Cybersecurity Report. Representing a comprehensive look at cybersecurity activities from an in-house perspective, the report surveyed 586 law departments across 36 countries and 20 industries. Among the key findings, the report reveals that in 71 percent of organisations, the chief legal officer (CLO) plays a key role in leading the organisation’s cybersecurity strategy.

As modern CLOs’ roles and responsibilities continue to expand, cybersecurity strategy and oversight is unquestionably one area where we see the largest growth,” said Tanya Khan, Vice President and Managing Director, Australia and Asia Pacific

“Between the ever-increasing frequency of attacks and substantial risk to the organisation’s operations and brand, this comes as no surprise. CLOs bring a unique combination of legal training, strategic thinking, and risk analysis to the table to best help prevent and, if need be, react to cybersecurity situations. Today’s report is the latest evidence that businesses increasingly recognise the CLO’s strengths in this area and are adjusting accordingly.

The full 88-page report covers a broad range of cybersecurity activities: legal department’s role, policies and practices, risk management, breach and incident experience, and working with the government and law enforcement. Some of the report’s highlights include:

Forty percent of companies’ report experiencing a data breach, while 21 percent of all organisations surveyed task their CLO to deal with breaches;

Wide implementation rates of cybersecurity strategies — from password and document retention to employee training — and greater participation of legal in these efforts; The presence of at least one in-house lawyer dedicated exclusively to cybersecurity in 18 percent of companies (up from 12 percent in 2018);

Thirty-six percent of departments upping their budget for cybersecurity;

Broad satisfaction (78 percent) with the safety of third-party vendors who handle company data, a 16-point gain on 2018’s figure;

Of companies required to comply with GDPR, over half (58 percent) were required to hire a data privacy officer (DPO). Thirty-one percent of companies that were not required to do so hired a DPO anyway.

Click here to view an information sheet with key findings. The full report is also available for purchase.

COMING SOON: A NEW HONG KONG WEBSITE

The Association of Corporate Counsel (ACC) Hong Kong is excited to announce the launch of the new ACC Hong Kong website. The new website, will be fully integrated with the global ACC online platform and will provide a much-improved user experience as well as seamless integration with ACC resources and services. ACC Hong Kong will be emailing members over the coming weeks with updates about the launch of the new site, as well as practical tips on using the new ACC Hong Kong website.

Information on the Novel Coronavirus Epidemic

For Information on the Novel Coronovirus please see the following link: Dealing with the 2019-nCov Coronavirus Epidemic: Resources for in-house Counsel.

NEW ACC REPORT SHOWS THE VALUE OF LEGAL OPERATIONS

One of the most comprehensive reports of its kind, the 2020 ACC Legal Operations Maturity Benchmarking Report, created in partnership with Wolters Kluwer Legal & Regulatory, analyses data for 316 legal departments of all sizes, across 29 countries, and 24 industries.

Did You Know:

  • Mature legal operations functions have shown to reduce costs and increase efficiency.
  • Most organizations, on average, do not have a mature legal department.
  • Having a legal operations professional on staff improves a legal department's maturity rate across ALL 15 functions tested.


Building on the success of ACC's legal operations maturity model, this unprecedented report identifies and assesses 15 legal operations functions and 92 sub functions and cross-indexes them by sector, size, country, and other categories. The report also includes a "best in class" index, which profiles the most mature departments. Find out how advanced your legal department is and the areas that need improvement compared to similar organizations.


ACC PRO BONO LEGAL WORK IN HONG KONG

Click here for a full copy of the ACC Hong Kong Guide for In-house Counsel on Pro bono Legal Work in Hong KongThe guide covers the scope of pro bono services and the regulatory Hong Kong landscape, information on key Hong Kong organizations in need of pro bono legal services, and support and advocacy for pro bono engagement by the Hong Kong legal community.

Upcoming Events

CPBS 500x500 Campaign

The Hong Kong Centre for Pro Bono Service (CPBS) has relied solely on volunteers and the SoCO staff working unpaid overtime. Having an employed case manager and proper resourcing will enable us to assist more people. So our fundraising target is simple: get 500 people (at least) to donate (at least) $500. This is the minimum estimated amount we require for at least one case manager and related costs for a trial period of 6 to 12 months.

Please join us at the #500Club, so that we can make a lasting positive impact on social justice and the rule of law in Hong Kong. You can make a donation at the Simplygiving website, then share your donation on social media as well to spread the news.


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