As in-house legal departments continue to grow and legal leadership continues to enjoy a greater scope and influence within the business, the legal team is, conversely, expected to do more with less.
According to the latest Acritas global survey of senior in-house counsel, the proportion of an organization’s legal budget allocated internally has increased from 37 percent in 2013 to 43 percent in 2017.READ FULL ARTICLE
As in all companies, internal expectations vary between business units. Of these various relationships, one of the most dynamic and complex exists between business and legal, sometimes leading to occasions where the business places unrealistic expectations on the law department. To navigate this incongruity, I reached out to several sitting General Counsels from organizations of all sizes and compiled some of the issues and solutions below. In the end, communication and a strong relationship with the business prove to be most valuable.READ FULL ARTICLE
Change. Transformation. Disruption. Innovation. Today’s buzzwords ring throughout corporate America. Yet these terms aptly describe what I experienced as a long-tenured general counsel in a company that transitioned from wholly-owned to private, to a company owned by the federal government, and finally a public company. I served under five different CEOs and a board of directors that turned over at least four times, each of the entities requiring a different set of skills. Facing numerous changes and challenges, I knew that one constant would ensure success: surrounding myself with a great in-house legal team. To build a good team, I created this checklist to review when hiring or promoting direct reports.READ FULL ARTICLE
The agony of defeat is tough for anyone to swallow, especially for the top lawyers we work with who are driven to win. Not making it past the first round of interviews in a general counsel search is frustrating. Coming in second place and not reaching the finish line is even more painful. Your life has been on hold for months; your vacation days have evaporated; and now you must inform your family and confidants that you were not the chosen one. You might ask yourself if it was all worth it, and the answer is, simply, YES! Having spoken to thousands of general counsels, no one has ever expressed regret over the path it took to achieve the top leadership position in their law department and there are thousands more striving to take on the challenge.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 review the REPORT.
When it comes time to hire, what are the most important criteria to use when selecting someone who will thrive in your organization? While credentials, work experience, and great references are important, they only scratch the surface of hiring the ideal candidate. What else should you consider when making the final hiring decision? To answer this question, I surveyed successful GCs from multiple industries across the country for their perspectives. A special thanks to those who shared their insights for this article. Read on for some of their tried-and-true evaluation metrics.READ FULL ARTICLE