Today, and in the future, a general counsel must offer much more than legal acumen. “Everyone at the top wears multiple hats. You need to deeply understand the business and where it is headed, so your general counsel hat does not go out the window., but you simply put on more hats. Many of the business people do as well. You want them to wear a compliance hat and a risk hat, for example, in addition to a business hat. So you become much more integrated into that world, but it definitely requires more training and more understanding of the business.” – Former general counsel The role of in-house counsel has evolved over the years to that of both legal strategist and business advisor as they are increasingly tasked with managing the legal and ethical complexities related to growing their businesses. The Association of Corporate Counsel (ACC) is at the forefront of this constantly evolving business arena –– staying on top of the latest trends, regulations and corporate risk. As the a global bar association representing more than 38,000 in-house counsel employed by more than 10,500 organizations in 90 countries, the ACC’s mission aims to ensure that lawyers who work in corporate law departments, associations and other private-sector organizations around the world are fully armed to address these issues. In fact, more than a quarter (27 percent) of chief legal officers (CLOs) and general counsel (GCs) work at organizations that have experienced a data breach in the past two
Unfortunately, law is not like that anymore - if it ever was - and today's attorneys must juggle a number of different responsibilities all at once. They must act as marketers to attract new
The attorney’s business aim is to make as much profit as possible. The popular view is that the only business of business is to make a profit because people in business or professions must concern themselves
Drew A. Senulis is an Associate Attorney with Patel Gaines. He represents clients in a broad range of complex commercial real estate litigation and transactions. Drew emphasizes that though a great number of business people may understand their industry and business procedures, some may not be wholly aware of the legal nuances that can influence their business. He also understands that a vast amount of attorneys remain inexperienced with business operations – making them less effective advocates. Drew’s focus is to close that gap for his clients by successfully combining his strong foundation of legal expertise and business experience.
Melvin, S. P. (2011). The legal environment of business: A managerial approach: Theory to practice. New York, NY:
In a recent survey, it was notified that 64% of all breaches that took place in 2009-2011
According to the survey, "Perceptions about Network Security," 90 percent of the 583 companies polled said they've suffered a network security breach at the hands of hackers at least once in the past year.
Several observations and stories touch on how to use the large corporate environment and its resources to maintain a satisfying, successful career. In chapter 15, MacKenzie talks about how to address those who make their living within the hairball. He reminds us that we should not view those within the hairball as our enemies. He suggests that any time a bureaucrat stands between
Our knowledgeable lawyers work hard to protect the clients’ interests in all aspects of the negotiation and litigation process. Recognizing that every case is individually unique, we develop a close working relationship with the clients we serve, while allowing us to meet their needs with a comprehensive and highly customized legal strategy.
Skillful legal support will help, whether the problem is regulatory compliance help for your business, or a direct challenge to your professional license. Knowledgeable and accessible attorneys offer the advantage needed to maintain your credentials or help your regulated business grow.
Chief legal counsel for companies of all sizes will follow the proceedings closely, watching the jury's deliberations and gauging its reaction to the prosecution. (Longnecker, 2004).
Acting as a legal practitioner is considered a “great privilege” and “offers the opportunity to serve the community in a profoundly important way.” Lawyer’s roles as officers of the Court and administrators of justice give them a monopoly on the delivery of counselling and representation services. In order to “maintain their capacity to serve the community” , legal practitioners must accept that they are
Prior to a corporation or its employees taking action, it usually requires an informed legal advice. Legal direction may be either taken or dismissed; the point is that in order to provide an informed decision counsel and its direct reports are provided with confidential information. Counsel reviews the confidential information and provides an opinion on the issue. This opinion may or may not support the legality of a matter and the company may or may not act because of the information provided, however, the confidentiality of the initial information provided, the attorney’s thought process, as well as all reasoning associated with this process needed to be retained as confidential.
Attorneys are to represent their clients as members of a legal profession. As long as there has been an attorney-client case, there has been disputes regarding the attorney 's loyalty to their clients. Ethically, the adverse action implicates important professional values which include the obligations of legal professionals to provide services to those that need them, to become fully informed regarding legal matters to ensure competence, and to hold confidential clients ' communication. The attorney should always be truthful as well as trustworthy. According to Banks, “trust is an aspect of professionalism, and the encouragement of trust has become a fundamental characteristic in a professional relationship because
The lawyer is the lead in the legal team and has passed the bar examination and have a license to practice law in their respective state(s). In larger firms, the lawyers can be assigned as partners and associates. The partner has actual ownership in the firm whereas the associate are usually on salary as an employee, not being an owner in the firm. The supervising attorney in a large firm is responsible for the actions and work of the lawyers under him/her. The paralegal is responsible for the litigation process. Some of the responsibilities of the paralegal are preparing casework, investigations, preparing briefings, conducting
witnesses also are included in the case. The primary issue in this case (drawn from actual