In an AlixPartners survey (Survey) of 1,000 legal and compliance leaders around the world, more than 60% of respondents said their organizations are inadequately prepared to manage a range of risks – from a surge in financial crime and corporate litigation to artificial intelligence (AI) vulnerabilities to emerging geopolitical and regulatory hurdles. Concerningly, the technology tools many organizations are now deploying to address these risks, such as AI, can themselves generate new liabilities. The bottom line is that compliance costs are rising as digital transformation accelerates and regulatory complexity grows. To keep pace, organizations must embed compliance within their core business strategy, shifting into a proactive mode and away from a reactive, siloed, back-office approach. This guest article by Susan Markel and Lisa Osofsky of AlixPartners draws on the findings in the Survey and takes a closer look at the critical risk areas facing global businesses, as well as high-level best practices for managing them effectively. See “Benchmarking Fund Managers’ Adoption and Governance of Generative AI” (Nov. 6, 2025).