Strategic Support for In-House Counsel in This Social Age
This moment in time presents an opportunity for in-house counsel—lawyers now have a chance to champion civic-minded, sustainable changes in our organizations that benefit our companies' strategies and bottom-line as well as the society in which we live and work.
July 06, 2021 at 01:41 PM
6 minute read
![(L-R)Geneva Campbell Brown and Javier A. Zurita of Cigna. Courtesy photos](http://images.law.com/contrib/content/uploads/sites/402/2021/07/Brown-Zurita-767x633.jpg)
A global health care crisis and confronting longstanding racial justice issues, together with a broader conversation about environmental, social and governance (ESG) responsibility, has forced organizations to evaluate the consequences of their business decisions. Indeed, enhanced public scrutiny is raising the alarm for companies to adopt socially responsible business practices that will satisfy investor and customer demands. This moment in time presents an opportunity for in-house counsel—lawyers now have a chance to champion civic-minded, sustainable changes in our organizations that benefit our companies' strategies and bottom-line as well as the society in which we live and work. Here, we discuss three ways in which attorneys can demonstrate our ability to contribute to evolving practices and policies by leveraging our unique legal and business knowledge and skills to advance ESG and other corporate responsibility initiatives.
Do Your Homework, and Everyone Else's Homework. As an attorney, you are likely one of the best researchers in the room. Your research skills will prove useful in constructing a legal frame that captures issues that arise in this social climate. Although ESG, COVID-19 and racial justice movements present new issues, these issues are not novel. Businesses have always created new frameworks for assessing risk and growth opportunities in response to the then-current social age, and it may be helpful to revisit how companies navigated social changes in the past to inform how your corporate initiatives could address societal needs in the present. For example, in the wake of the dot-com bubble, investors and executives promulgated sweeping oversight measures to improve transparency. Similarly, following the Great Recession, industries adapted to new regulatory regimes to strengthen their finances and investments. Where possible, research approaches courts have used to resolve ESG-related conflicts. When the legal question that needs answering does not invoke sufficient litigation history, secondary sources can supplement your analysis. By recommending actionable solutions backed by research and calibrated based on business objectives, you will establish yourself as an invaluable contributor to significant discussions about sustainable change.
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
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All![Legal Departments Dinged for Acquiescing to Rate Hikes That 'Defy Gravity' Legal Departments Dinged for Acquiescing to Rate Hikes That 'Defy Gravity'](https://images.law.com/cdn-cgi/image/format=auto,fit=contain/https://k2-prod-alm.s3.us-east-1.amazonaws.com/brightspot/39/3b/c61d0c284387830a6fc458d34bc9/cost-management-767x633-3.jpg)
Legal Departments Dinged for Acquiescing to Rate Hikes That 'Defy Gravity'
4 minute read![Best Practices for Adopting and Adapting to AI: Mitigating Risk in Light of Increasing Regulatory and Shareholder Scrutiny Best Practices for Adopting and Adapting to AI: Mitigating Risk in Light of Increasing Regulatory and Shareholder Scrutiny](https://images.law.com/cdn-cgi/image/format=auto,fit=contain/https://k2-prod-alm.s3.us-east-1.amazonaws.com/brightspot/85/96/df13336e445f8f7f449f8674c95d/artificial-intelligence-767x633-2.jpg)
Best Practices for Adopting and Adapting to AI: Mitigating Risk in Light of Increasing Regulatory and Shareholder Scrutiny
7 minute read![Three Reasons CLOs Are Critical to the Successful Adoption of Generative AI Three Reasons CLOs Are Critical to the Successful Adoption of Generative AI](https://images.law.com/cdn-cgi/image/format=auto,fit=contain/https://k2-prod-alm.s3.us-east-1.amazonaws.com/brightspot/34/c9/fe67d31749559260a2fd7bd7484f/artificial-intelligence-2-767x633-2.jpg)
Three Reasons CLOs Are Critical to the Successful Adoption of Generative AI
![Election Outcome Could Spur Policy U-Turns Across Employment Landscape Election Outcome Could Spur Policy U-Turns Across Employment Landscape](https://images.law.com/cdn-cgi/image/format=auto,fit=contain/https://images.law.com/contrib/content/uploads/sites/390/2024/11/GM-Strike-767x633-1.jpg)
Election Outcome Could Spur Policy U-Turns Across Employment Landscape
6 minute readTrending Stories
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250