General counsel and regulatory affairs director, EMEA and APAC | Experian
Head of legal and compliance, co-head of Tristan Luxembourg officer, managing director | Tristan Capital Partners
Deputy director general, general counsel | Association of the Luxembourg Fund Industry (ALFI)
Head of legal department, general secretary | Luxair
Secretary general and general counsel | Banque Internationale à Luxembourg (BIL)
General counsel and vice president, EMEA | Gates Industrial Europe
Group head of legal, chair of the group executive committee | Solutions 30
General counsel and chief sustainability officer | Mizuho Trust & Banking (Luxembourg)
Global executive vice president, group general counsel, chief compliance officer and board member | Docler Holding/Docler Group
Chief legal and compliance officer / director, legal and compliance | Azenta Life Sciences / B Medical Systems
Group general counsel, member of the group executive committee and company director | DRAGONE
Head of legal | BNP Paribas Real Estate Investment Management Luxembourg
Chief legal officer | Quantum Dao Alliance
Focus on… my career  With a dynamic career spanning over 15 years in the Luxembourg financial services industry, I am a versatile and seasoned professional renowned for my expertise...
Head of legal affairs | BNP Paribas
Spotlight on…Â Marjolijne Droogleever Fortuyn graduated in law from the University of Utrecht. She obtained a post graduate degree in law from the University of Cambridge (UK) and more recently...
Associate general counsel digital media, Alexa, devices, books and Kindle content EMEA | Amazon
Group general counsel | FREO Group
Spotlight on…Â Nils is an experienced general counsel with a profound track record of working in the finance industry and 25+ years of relevant experience; strong professional skills in the...
General counsel, company secretary and corporate affairs director | Allegro.eu
Spotlight on…Â Allegro.eu is a Luxembourg entity and one of the largest companies listed on the Warsaw Stock Exchange. Created 25 years ago it is now an e-commerce platform used...
It has been a delight to shine a light on the talented, professional and highly innovative in-house lawyers based in Luxembourg, for the inaugural GC Powerlist: Luxembourg 2024. It was a true pleasure and privilege to be able to interview the brightest in-house legal minds in the country, and delve into what makes a great in-house counsel. This publication serves as a tribute to the remarkable contributions made by these incredible professionals to the business landscape in Luxembourg. It stands as a testament to their unrivalled expertise, outstanding leadership, and unwavering commitment to excellence.Â
Individuals in this publication were delighted to share their recent work and achievements, and the range of answers and splendour of their work was truly outstanding. Answers ranged from the implementation of artificial intelligence, mergers, and acquisitions, to expansion to different regions. Dr. Cyrille de Crozals, head of legal at Bank Julius Baer Europe stated that his team had successfully handled a ‘series of complex legal cases, demonstrating exceptional expertise and dedication. This included providing strategic legal advice, negotiating settlements, and ensuring optimal outcomes for our clients. The team’s commitment to excellence truly shone through in these recent cases,’ emphasising the importance of effective teamwork. Further, Ashley Reid, general counsel and regulatory affairs director, EMEA and APAC at Experian, claimed that for their team ‘artificial intelligence and credit scoring are pretty much in the spotlight, but there are various other initiatives in various countries across the globe which keep us up at night.’ This further highlights the varying different projects that in-house counsel in this edition face on a daily basis. Â
Esteemed counsel in this publication were also delighted to share the current trends that they are seeing become more prevalent in the Luxembourg legal markets. There is a massive focus on innovation surrounding technology within the Luxembourg legal market, with multiple individuals stating how they have implemented and rolled out new technologies in their business and stating the supreme benefit of doing such. Chantelle Null, executive director legal at Lions Gate Entertainment stated that ‘Luxembourg’s corporate legal industry is rapidly digitalising, with a notable shift towards employing artificial intelligence for tasks like legal research and document analysis, thereby elevating the efficiency and precision of certain legal services.’ Further, Tulay Sonmez, group general counsel, member of the group executive committee and company director at DRAGONE claimed that ‘The role of artificial intelligence (AI) is growing as a support tool to retrieve and leverage on information which is relevant to prepare legal documentation and legal advice, and to generate first drafts of legal documents.’Â
In-house lawyers in this edition were kind enough to share a cause, business related or otherwise, that they care about and why. The responses only emphasise why such individuals are the best of the best in the Luxembourg legal sector. Christian Dohmen, general counsel at Luxembourg Stock Exchange stated that ‘we are deeply involved in environmental, social and sustainable projects which we consider a priority. Through the Luxembourg Green Exchange (LGX), the world’s first sustainable finance platform, we are striving to foster the development of financial instruments that contribute to fight climate change and gender inequality and finance our transition into a more sustainable world.’ Further, Katarzyna Kuszewska, group head of legal and member of the group executive committee at Solutions 30 claimed that ‘I am a big advocate of good corporate governance within a company with a strong emphasis on equality, diversity, variety of competence and a gender-balanced representation among top management positions,’ and went on to highlight the importance of a gender balance in top executive positions. Â
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I would like to extend my heartfelt congratulations to every single general counsel who participated in this edition of The GC Powerlist: Luxembourg, 2024. Included within these pages are the most impressive in-house lawyers within the country, those who have utilised their legal knowledge strategically to provide business insights and contribute to their company’s success. Â
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Elena Lewis | Senior Research Analyst: GC Powerlist Luxembourg 2024Â
Loyens & Loeff Luxembourg is honoured to be a sponsor of the GC Powerlist in collaboration with The Legal 500. As a leading law firm in Luxembourg, we are committed to supporting and recognising excellence in the legal profession.
At Loyens & Loeff, we understand the importance of providing exceptional legal services tailored to the unique needs of our clients. Our team of dedicated professionals is renowned for their expertise, innovation, and commitment to client satisfaction.
By sponsoring the GC Powerlist, we reaffirm our dedication to fostering a culture of excellence and innovation within the legal industry. We believe in celebrating the achievements of outstanding legal professionals who drive positive change and make significant contributions to their organisations and the broader legal community.
We extend our congratulations to all the exceptional individuals recognised on the GC Powerlist. Your dedication, expertise, and leadership are truly inspiring, and we are proud to support your continued success.
It was an honour to host the GC Powerlist event in our premises this year and we look forward to continuing our partnership with The Legal 500 as well as supporting initiatives that promote excellence, innovation, and collaboration within the legal industry.
Thank you for the opportunity to be a part of the GC Powerlist, and we congratulate all the honorees on their well-deserved recognition.
The recent news that elite US firm Sullivan & Cromwell had apologised to a judge over AI hallucinations in a court filing prompted a collective wince from the legal profession.
But while some lawyers remain wary of AI, others are striking a more open-minded note, and at the LexisNexis AI Forum hosted this Wednesday (20 May) by Legal 500 and Legal Business, panelists argued that the risks are far outweighed by the opportunities.
Barbara Zapisetskaya, principal technology counsel at the European Bank for Reconstruction and Development, made the case that hallucinations and other potential pitfalls can be overcome with a shift in mindset.
‘What makes a difference,’ she said, ‘is empowering your lawyers to take responsibility for AI output – helping them become active AI operators, not just passive AI users. You have agency to decide whether you agree with the output or not.’
Zapisetskaya was among a line-up of leading in-house figures speaking on two panels, which covered everything from practical steps for AI implementation to the key decisions GCs need to be making in the coming months.
Financial Times general counsel Dan Guilford began by stressing the importance of building the right culture for AI adoption. In addition to proactively upskilling himself, Guilford talked about how he had implemented a voluntary weekly ‘show and tell’ meeting for team members to share successful use cases – or an exercise that became a gratifying measure of progress.
Other panelists discussed how increased in-house productivity is altering the dynamic with their external counsel.
While some see the use of AI by law firms as a precursor for reduced fees, Russell Davies, head of global operations for legal and compliance at Dentsu, said that faster results – however they are delivered – are something to be valued.
GSK assistant general counsel Anthony Kenny agreed, saying that while there was an expectation that external counsel would be utilising AI, the focus should be on the value of the output, rather than an overemphasis on identifying AI use as a justification to reduce fees.
Speaking on the second panel, MUFG EMEA general counsel James Morgan stressed the critical importance of education, noting that educating the C-suite on the advantages and risks of AI is just as important as enabling large in-house teams to use these tools.
Shanthini Satyendra, vice-chair of the AI Committee, Society for Computers & Law, CEO and founder of Manisain, offered a reminder of the importance of making the connection between tasks and the purpose behind them, extolling the virtues of identifying use cases for AI that can solve a meaningful problem.
Zapisetskaya concurred, adding that one of the most important tasks for GCs across the next six to twelve months is to create AI playbooks and templates, noting that ‘it is easy for lawyers to see problems – much harder for lawyers to see opportunities.’
There was also broad agreement among panellists that GCs should focus on upskilling their junior lawyers on AI, rather than – as some may expect – cutting back their workforce. As Satyendra summarised: ‘Some people are replacing human capital with AI without thinking about what’s required to make AI work. Retain your people and train them up.’
The panels were moderated by Emma Millington, head of the UK Lexis+ Finance Group, and LexisNexis director of segment management Stuart Greenhill.