MEMPHIS, TN—A survey of general counsels of companies in the Southeastern United States reveals an upbeat view of their respective firm’s prospects for 2015, but increasing concern over economic threats involving health care and cybersecurity issues.

The survey, conducted by ALM Legal Intelligence, in association with the law firm Baker Donelson, found that 58% of general counsel view their companies’ economic prospects as generally favorable (“better” or “much better”) in 2015 compared with 2014). However, 23% cited external threats of both health care and cybersecurity as growing concerns for their legal departments with the potential to impact business in the coming year. The majority of survey respondents were employed at companies with revenues in excess of $1 billion.

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