New Corporate Governance Demands on Corporate Law Departments
The breadth of governance-related dynamics sweeping global business is fundamentally expanding the legal chief’s job. While law firms work hard to win assignments assisting Boards and executive leadership, they could likely gain by better assisting General Counsels and their legal departments with these new demands. You can learn about the demands by reading this new report, produced by the Global Counsel Leaders Circle (live link):
“a very timely roadmap for corporate counsel to understand the range of issues and potential pitfalls, and take actions to prepare”
Sea Change is one of the Target Topic series produced for members of the Global Counsel Leaders Circle, an invitation-only exclusive forum of high-level corporate counsel which I organize and facilitate.
Legal chiefs and other top executives participating in the report are with organizations including: BT, Carillion, Legal & General, Marsh & McLennan, Reckitt Benckiser, Snam, Unicredit, Walgreen, and many other companies that participated anonymously.
ELD International helps legal services providers organize, position and market their legal risk management and corporate governance offerings to capture the attention and business of multinational companies, ahead of the competition.
The first half of the report identifies the drivers of these changes, with comments from incumbent general counsels and other executives.
The second half discusses new competencies required for the GC and the whole legal department, with recommendations. The report ends with a list of suggested steps GCs can take to protect themselves, given the higher risks.
A very big thank you to all of the senior counsel and executives that provided countless valuable insights. Your comments are enthusiastically welcomed: firstname.lastname@example.org .