Morrison & Foerster GC Studies Gauge Outlook for Economic Reopening

In March 2020, Morrison & Foerster surveyed 110 GCs of global organizations ‑ a significant number of them from the financial sector ‑ and published a study on how they were responding to the coronavirus pandemic. Morrison & Foerster recently conducted a follow-up study (Current Report) to learn how GCs are preparing for the ongoing easing of stay-at-home orders. Morrison & Foerster’s findings in the Current Report show that, although many businesses are still in “crisis mode,” GCs are generally more optimistic about their abilities to navigate the pandemic, but certain of their priorities have changed over the past few months. This article analyzes Morrison & Foerster’s findings in both reports, which may assist fund manager GCs with setting their own priorities accordingly. See our two-part series covering a recent HFLR webinar: “Manager and Regulator Flexibility During Coronavirus Pandemic” (May 7, 2002); and “Business Issues Arising From Coronavirus Pandemic” (May 21, 2020).

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