Adapt to the digital revolution
The key role of compliance and cybersecurity according to Inetum’s general legal & compliance counsel
(Iberia & Latam), José María Balboa-Toribio
by mercedes galán
From the office to the heart of business strategy, this has been the transformation of the legal counsel in the technological era. In Iberian Lawyer, we spoke with José María Balboa-Toribio, general legal & compliance counsel (Iberia & Latam) at Inetum, about how the role of the legal advisor has shifted from reactive to leading risk management and strategic decision-making in tech companies.
Did you always have a clear vocation? What led you to transition to an in-house lawyer?
Not at all. I studied a dual degree in Law and Business Administration, aiming for broader options in my professional future, and during my studies, I saw myself more in strategic consulting. After an internship at Clifford Chance, I moved into the in-house world and was captivated. Having a 360-degree view of the company and being where things happen is what I enjoy most.
From your perspective, how has the role of legal counsel in tech companies changed in recent years?
It’s clear that we have moved from a reactive role, responding to internal client needs regarding contracts and litigation, to being part of the senior management of companies, advising strategically and proactively on relevant issues such as new regulations or multidimensional compliance. Now we lead risk management and are a key player in the protection and sustainable profitable growth of our company.
