As the Wall Street meltdown continues and the federal bailout is deployed, it is still unclear what the bottom line will be. But one thing companies can be sure of is there will be litigation, and lots of it.

That puts the onus on general counsel to take immediate action to protect their constituents on an unprecedented number of levels. For any company directly or indirectly affected, having the right general counsel in place is critical if it is to manage the potential onslaught and emerge with its finances, reputation and operating structure intact.

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