The responsibilities of the General Counsel have expanded in recent years, propelling a position once known solely as the head of the legal department into a key executive team member who contributes to strategic and risk management decisions. To recruit and retain exceptional talent, many corporations are investing in GC compensation at higher rates than ever before. BarkerGilmore and Equilar recently released the General Counsel Pay Trends 2020 Report to inform the GC compensation conversation. The report examines GCs who are Named Executive Officers at the 500 largest (by reported revenue) U.S.-headquartered companies that trade on one of the three major U.S. stock exchanges (Nasdaq, NYSE, or NYSE American).READ FULL ARTICLE
A recent report by BarkerGilmore and Chief Executive Group found that CEOs are wanting more from their GCs. They want them to step up and add value at every possible turn. We spoke to A.B. Cruz III, Senior Advisor with BarkerGilmore and former GC and Chief Legal Officer, about how acting GCs should respond to these findings and how they may be utilized to their advantage.READ FULL ARTICLE
In a recent report by BarkerGilmore and Chief Executive Group, 70% of CEOs described their ideal GC as one who acts as a strategic business partner and is a valued member of the leadership team. However, although the GC role is viewed in most cases as an integral member of the executive leadership team, a majority of CEOs surveyed feel their GCs are falling short when it comes to their actually being a contributing strategic business partner. The report’s findings indicate that CEOs want their GCs to step up, raise their game, and add greater value to the senior management team dynamic.READ FULL ARTICLE
We at BarkerGilmore sincerely hope you, your family, and your team are well despite the health crisis upon us. After speaking with many General Counsel across the country this past week, we have gained a clear understanding and appreciation for the tireless efforts and pragmatic decisions being made to keep employees safe and businesses moving forward. Below is a summary of these conversations, offering up best practices, lessons learned, and direct insights on how these unprecedented times have impacted the legal and business communities.READ FULL ARTICLE
Meet Senior Advisor, Noah Hanft, former General Counsel, Corporate Secretary and Chief Franchise Officer for MasterCard Worldwide
Noah Hanft most recently served as the General Counsel, Corporate Secretary and Chief Franchise Officer for MasterCard Worldwide. In addition to overseeing law, regulatory affairs, public policy, and compliance, he managed the Law & Franchise Integrity consolidated business unit of over 500 global employees with responsibility for licensing, franchise management, global diversity, philanthropy, corporate, and information security.READ FULL ARTICLE
Our recent webinar showcased an expert panel discussing how growth in responsibilities and influence impacts recruitment and pay for top legal talent, based on findings from the new Equilar and BarkerGilmore report, General Counsel Pay Trends. Click here to access the WEBINAR RECORDING, and to review the REPORT.