The Legal 500 has been analysing the capabilities of law firms across the world for 28 years. In a new series, The Legal 500 is turning its attention to the in-house function, shining a spotlight on the role of corporate counsel, and in particular those individuals who are driving both legal business and the profession forwards.
The aim of the UK: Rising Stars is to highlight those standout performers coming into their own at major companies, typically but not exclusively during their 30s – the GCs of tomorrow if you like….read more
Given the relatively flat nature of the career structure below group GC level and the increasing breadth of the UK in-house profession, identifying and then narrowing down the field to 100 was obviously going to prove more challenging than highlighting a group of GCs who had already climbed to the top of their ladder.
Our research, which was led by Legal Business news editor Caroline Hill and reporters Francesca Fanshawe and Sarah Downey, went through several stages, beginning with the online collection of hundreds of individual nominations before we moved to directly canvassing senior figures in the profession. Inevitably, pulling together such a list is not an exact science once you go beyond the easy-to identify standout chief legal officers at major companies, but the breadth of nominations and weeks of research among our established contact base means we feel we’ve made a very credible start on which to build in future. To widen the scope of the project, we have also built on the core UK Powerlist itself to solicit commentary on the changing demands made of up-and-coming in-house counsel and to provide analysis of how the career outlook and opportunities of working with major corporates are evolving. To keep continuity with last year’s report and the 100 senior UK GCs we highlighted in 2013, this group was again canvassed for their input on the best mid-level talent on offer and how they as GCs are looking to develop more of this breed.
David Burgess
Publishing Director
On March 18th, the Legal 500’s GC Summit: Cyprus 2025 brought together leading legal professionals, in-house counsel, and industry experts for a day of insightful discussions on key legal and regulatory challenges. The event served as a platform for exchanging ideas, examining recent developments, and exploring best practices across various legal disciplines. Held at the Hilton Nicosia, the conference gathered nearly 100 legal professionals, fostering a day of enriching conversations and valuable networking opportunities.
The event was made possible in association with our esteemed partners: Harris Kyriakides, Elias Neocleous & Co and Hadjianastassiou, Ioannides LLC (member of the Deloitte Legal network). With their support, the Legal 500 curated a dynamic agenda featuring four insightful panel discussions, each designed to address pressing issues facing in-house counsel today.
The sessions began with a welcoming address from Francisco Castro, Research Editor at the Legal 500, who emphasised the importance of fostering meaningful dialogue among corporate counsel and strengthening connections within the country’s in-house legal community.
The first panel explored competition law developments, focusing on Cyprus while incorporating perspectives from Greece, the EU, and the UK. Moderated by Michael Kyriakides (Harris Kyriakides), the discussion examined recent M&As, enforcement priorities, and legislative updates affecting businesses. Panellists, including Hara Nikolopoulou (Hellenic Competition Commission), Angelos Stenimachitis (Compass Lexecon), Victoria Mertikopoulou (Kyriakides Georgopoulos), and Eleni Neoptolemou (Harris Kyriakides), provided valuable insights into risk mitigation strategies and compliance best practices. Attendees gained a clearer understanding of how evolving competition laws impact market dynamics and corporate decision-making.
The second session focused on the Digital Operational Resilience Act (DORA) and its implications for financial institutions. Panellists discussed whether DORA enhances market resilience or imposes excessive compliance burdens. Moderated by Andrea Kallis Parparinou (Elias Neocleous & Co LLC), the panel featured insights from Emilios Charalambous, Michael Ioannou (both from Elias Neocleous & Co LLC), and Sofia Savva (Societe Generale Bank Cyprus), the latter providing insights from the financial sector. The discussion underscored how organisations can transform compliance obligations into strategic advantages, balancing regulatory adherence with business growth.
The third panel addressed the EU Pay Transparency Directive, emphasising its role in reinforcing equal pay and anti-discrimination principles. The discussion, led by Calliopi Nicolaidou (Hadjianastassiou Ioannides), covered key provisions, potential challenges in transposition, and the business benefits of pay equity. Contributions from Michalis Georgiou (Hadjianastassiou Ioannides), Lena Panayiotou (Cyprus Employers & Industrialists Federation), and Angeliki Fotopoulou (Coca-Cola HBC Greece & Cyprus) provided practical strategies for integrating compliance with organisational values, highlighting the directive’s far-reaching impact on hiring, compensation, and corporate culture.
The final panel discussion, moderated by Francisco Castro (Legal 500), explored the transformative role of AI in legal departments. Panellists Margarita Malai (GlobalDots), Evgenia Smirnova (TAPCLAP), and Stepan Chplakhyan (Smartcat) discussed how AI is reshaping in-house legal work, the ethical and regulatory complexities of AI adoption, and best practices for leveraging AI-driven tools. The session provided attendees with a roadmap for integrating AI while maintaining compliance and strategic alignment within their organisations.
Francisco Castro concluded the summit by thanking speakers and participants for their contributions, as well as the amazing audience in attendance. He reiterated the importance of ongoing collaboration within the legal community to navigate emerging regulatory and technological challenges effectively. The event wrapped up with an engaging networking lunch, providing attendees with an opportunity to connect and continue discussions in an informal setting.
The GC Summit: Cyprus 2025 successfully brought together industry leaders to discuss pressing legal issues, share expertise, and explore forward-thinking strategies. The discussions reinforced the need for legal professionals to proactively engage with regulatory changes and technological advancements, ensuring that legal departments remain key drivers of business resilience and innovation. The Legal 500 looks forward to returning to Cyprus and further strengthening its relationships with the country’s in-house legal community in the future.
