Morning Briefing: Inside the head of general counsel

by NZ Lawyer02 Dec 2015
Inside the head of general counsel
An event held by the Corporate Counsel & Compliance Exchange earlier this year brought together more than 100 corporate and compliance leaders from international organisations. A report has just been released highlighting the findings of the event. Asked about the role of general counsel there were some revelations about how things are evolving with comments such as “the directors don’t want a lawyer they want an answer” and “there are other people in the team who know a lot more about law, but the skill of a GC is sniffing out the risk.” Prevention rather than cure was a key theme from the delegates’ comments.
The delegates also talked about effectively using, often limited, legal resources. Innovation is vital and lawyers having an overview of the whole business is key. Efficiency is another main theme with the use of technology helping to drive down costs for in-house legal teams.
 
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