I don't know what you mean by "COBOL LE" - but if you are currently using the LE run-time library with any previous COBOL compiler, you shouldn't have many (any?) problems.
If you are moving your source code, IBM recommends that you do NOT do a "mass re-compile" - but simply use the new compiler for new development and for when you are doing maintainance.
You certainly should read (or at least know what is covered) in the Migration Guide at:
Known major (and semi-major) issues:
1) A few new reserved words
2) Not supported on VM (not a problem for you)
3) Totally new (revised) OO support (not a problem for most shops)
4) Removal of CMPR2 support (you shouldn't have been using this for many programs - but some shops were)
***
Of course, you also need to check with your 3rd party vendors to make certain that you are on a release of their products that support Enterprise COBOL (Check out products like Xpediter or Intertest, Abend-Aid, DumpMaster, etc)
Finally, If you are ALSO doing an Operating System upgrade at the same time, make certain that you check your default LE run-time options.
Bill Klein