AlixPartners has officially published the results from its 2025 Global Risk Survey, which was geared towards generating a comprehensive lowdown into risks that businesses of today face due to unprecedented volatility.
Going by the available details, these results were reached upon after taking into account the opinion of more than 1,000 senior executives serving in legal, compliance, and risk domains across the globe.
As for the results, they revealed how, with the threat of an economic downturn looming large, 61% or more organizations are still not sufficiently prepared to address critical risks, ranking themselves between “somewhat prepared” and “not prepared at all.”
The risks in question markedly included data privacy (61%) and AI threats (68%) geopolitical impacts (71%), supply chain disruptions (70%), and more.
“As legal, risk, and compliance professionals seek to manage their organizations’ vulnerabilities, we believe the insights gathered in this report will help them identify and address key business priorities in the year to come,” said Louis Dudney, Global Leader of Investigations, Disputes, Risk, and Governance at AlixPartners.
Talk about the given report on a slightly deeper level, we begin from how more than 60% of organizations were deemed as inept in the context of addressing cybersecurity incidents, data privacy breaches, and keeping pace with technological advancements. If we focus strictly on AI, almost all (93%) are implementing AI into their business operations, but at the same time, only half of them said they have an AI leader or clear AI policies and guidance in place.
Next up, we must dig into a piece of detail claiming that corporate litigation will go up in 2025, with more than 70% respondents expecting this increase to materialize. Among those who expect litigation to grow by more than 10%, 6 in every 10 plan to raise their outside counsel budget and/or increase engagement with those providers.
Almost like an extension of it, AlixPartners’ research found 60% respondents believing that financial crime will increase in the next 12 months. Hence, 63% percent are already investing in technology to combat it. These investments are also spurred by the fact that no more than 44% respondents said their technology is currently very effective at detecting and analyzing risk factors.
Rounding up highlights would be how majority of organizations are not prepared to adapt to international (71%), national (64%), and local (58%) regulatory changes. In case that wasn’t bad enough, thanks to recent developments across the sanctions landscape, only about a third now feel sufficiently prepared to respond to potential changes.
Founded back in 1981, AlixPartners’ rise up the ranks stems from empowering businesses around the world respond quickly and decisively to their most critical challenges i.e. urgent performance improvement, accelerated transformation, complex restructuring, and risk mitigation. The company’s clientele, at the moment, includes companies, corporate boards, law firms, investment banks, private equity firms, and others.
Boasting a presence in over 20 different cities across the globe, AlixPartners’ excellence in what it does can be understood once you consider it has already been named Best Management Consulting Firms by Forbes in 2021. Beyond that, the company also ranked among Top 10 in UHLALA Group’s Pride Index.
“Today’s businesses face many risks—a potential recession, rapidly changing regulatory policies, mounting geopolitical tensions, and AI-driven disruption,” said Dudney. “Amid this uncertainty, executives rightly anticipate an increase in financial crime and corporate litigation and are increasingly turning to new technologies to mitigate a wide variety of risks.”
