Part I

This is the first article in a two-part series.

The role of the general counsel has changed dramatically. No longer relegated to simply running the legal department, today's GCs often find themselves with a seat at the executive table, increasingly responsible for enhancing the business and helping to develop financial and risk management strategies for the long-term. As a result of these increased responsibilities, GCs are in a unique position to make a real contribution to the direction of the company. For GCs new to the role, such demands are exciting, but they are also likely to seem daunting to a relatively green GC. Here are four important pieces of advice that will not only help prospective GCs prepare for the role before they ever reach the C-suite, but will also help those already in place excel in the dual role of legal adviser and business manager.