Credit: Creativa Images/Adobe Stock Legal Chiefs Planning for Slump Must Ponder If Their Own Job Is at Risk
"Try to get a seat at the recession-planning table. If you're not at the table, you could end up on the menu," said Michelle Banks, a former legal chief at Gap Inc.
March 06, 2023 at 05:18 AM
4 minute read
In anticipation of a recession, legal chiefs need to create a contingency plan and get a seat at the recession-planning table, legal experts said during a recent webinar.
"It is imperative for legal chiefs to plan ahead—having a Plan A as well as an alternative Plan B," said Michelle Banks, senior adviser at the recruiting firm BarkerGilmore and former global general counsel and chief compliance officer for Gap Inc.
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