Michael W Peregrine

Michael W Peregrine

August 07, 2024 | Corporate Counsel

The General Counsel's Role in Supporting Boardroom Civility

There's little question that today's harsh and divisive public discourse can often extend itself to the corporate boardroom. There's also little question that such divisiveness can impede effective governance. And there should be very little question that the general counsel is well positioned to provide advice on respectful and productive boardroom discourse.

By Michael W. Peregrine

6 minute read

February 09, 2024 | Corporate Counsel

New ACC CLO Survey Offers Important Board Guidance

Major board take-aways from this year's Survey include (i) indications of a decline in the CLO's leadership - level role and influence, and (ii) increasing pressures on legal departments "to do more with less." Both are particularly relevant to the board's oversight responsibility – and of concern to the CLO.

By Michael W. Peregrine

6 minute read

December 14, 2023 | Corporate Counsel

A Leadership-Level Conversation on the General Counsel's Role

One of the key governance issues of 2023 has been the increasing conflict between the board and its chief executive officer on their respective roles; i.e., the hazy line between governance and management. It's a conflict that can extend to the role and function of the general counsel.

By Michael W. Peregrine

6 minute read

October 05, 2023 | Corporate Counsel

The CLO's Role in Building and Sustaining Strong Board Culture

An important new report released by the National Association of Corporate Directors ("NACD") helps to identify an additional role that the chief legal officer can perform in support of the company's governance structure.

By Michael W. Peregrine

5 minute read

May 09, 2023 | Corporate Counsel

The CLO's Role as the Board's AI 'Traffic Cop'

The increasing political, legal, scientific and media focus on the risks of artificial intelligence ("AI") provides a new opportunity for the chief legal officer to support the role of corporate governance. Indeed, a series of recent developments focusing on the risks of AI have also added a sense of urgency to clarifying the board's oversight obligations.

By Michael W. Peregrine

6 minute read

March 17, 2023 | Corporate Counsel

The Governance Implications of DOJ's New Compliance Policies

 The organization's Chief Legal Officer, perhaps teaming with the Chief Compliance Officer, is the logical executive to advise the board, its committees and executive leadership on the appropriate response to the important new DOJ compliance policies.

By Michael W. Peregrine

5 minute read

January 30, 2023 | Corporate Counsel

New ACC CLO Survey Provides Key Governance Guidance

Over the past several years, the Survey has been particularly valuable in identifying trends such as greater visibility of the CLO with the C-suite and the boardroom, and increased CLO operational authority over related functions such as compliance and ethics.

By Michael W. Peregrine

7 minute read

November 15, 2022 | Corporate Counsel

CLO as 'Governance Referee': Brokering Turf Battles Between Board Committees

A series of recent developments is serving to expand the CLO's role as "governance referee" in order to address jurisdictional conflicts arising between board committees.

By Michael W. Peregrine

6 minute read

September 27, 2022 | Corporate Counsel

The Chief Legal Officer's 'Monaco Messaging' Tasks

Analysis of the DOJ's new enforcement principles, which create significant new leadership education, policy design and culture support tasks for the Chief Legal Officer.

By Michael W. Peregrine

6 minute read

July 28, 2022 | Corporate Counsel

20 Years Later: Sarbanes-Oxley's Lasting Impact on Corporate Counsel

The occasion of the Act's 20th anniversary offers a teaching moment for corporate counsel, especially those who were not in practice in 2002 and are unfamiliar with its development, its specific provisions, and with its lasting impact on corporate law and governance.

By Michael W. Peregrine

4 minute read