2021 Tech GC Report: Key Insights and Trends from Wilson Sonsini

The 2021 Tech GC Report from Wilson Sonsini provides valuable insights and trends for general counsel and legal professionals in the tech industry. The report highlights the top concerns and challenges facing tech companies, including data privacy, cybersecurity, and intellectual property protection. The report also offers recommendations for addressing these challenges and staying ahead of the curve in the rapidly evolving tech landscape.

The report is based on a survey of over 200 general counsel and legal professionals from tech companies, as well as in-depth interviews with industry experts. The survey and interviews provide a unique perspective on the current state of the tech industry and the challenges facing tech companies.

Some of the key findings from the report include:

• Data privacy and cybersecurity are top concerns for tech companies, with 85% of respondents citing data privacy as a major concern and 75% citing cybersecurity.
• Intellectual property protection is also a major concern, with 65% of respondents citing it as a major concern.
• The majority of respondents (55%) believe that the tech industry is moving too quickly, and that legal professionals are struggling to keep up.
• Over 60% of respondents believe that the tech industry is becoming more regulated, and that legal professionals need to be more proactive in addressing regulatory issues.
• The report also highlights the importance of diversity and inclusion in the tech industry, with 70% of respondents citing it as a major concern.

The report provides valuable insights and recommendations for general counsel and legal professionals in the tech industry. It highlights the top concerns and challenges facing tech companies, and offers recommendations for addressing these challenges and staying ahead of the curve in the rapidly evolving tech landscape.

Read the full report to learn more about the key findings and recommendations from the 2021 Tech GC Report from Wilson Sonsini.