There is, according to the evidence, a correlation between serious corporate risk events which affect society and the inherent tension in the relationship between in-house lawyers, required to serve the regulatory societal objectives of the 2007 Legal Services Act, and their business employers who pay and direct them. Is this a systemic weakness? Does it constitute a significant risk time bomb for society? Will the corporate stress caused by the pandemic exacerbate the inherent tension? The purpose of this article is to explore these risks and to suggest ways of mitigating them.