Photo: iStock Succession Plan: Why Your Next CEO May Well Be Your GC
Managing risk is still critically important, but it is no longer enough. General counsel and their teams are expected to actively support their company's strategy.
August 10, 2020 at 01:59 PM
7 minute read
"As it did with CFOs, the heightened attention to risk management broadened the role of general counsels over time. […] Increasingly, firms insisted that the top lawyer be at the table to discuss new initiatives so that their risks would be thoroughly analyzed before rollout. Many general counsels also became viable candidates for the job of CEO—evidence of their growing role as business partners." —"The New Path to the C-Suite," Harvard Business Review
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