When Michael Brizel worked as the general counsel for luxury retailer Saks Inc. from 2007 to 2013, sales were declining and store closures became increasingly common. Morale within the legal department sank at times, especially for Saks’ in-house real estate lawyer during the Great Recession.
“It got to the point where all she was doing everyday was calling mall owners and developers to negotiate getting out of our leases,” Brizel recalled. “It was a really stressful and emotionally difficult time.”
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]