Dechert Photo: Diego M. Radzinschi/ALM

Dechert

Stephen M. Leitzell, a partner with the firm, answered the questions.

What is the most important thing for an attorney, or practice to be effective in the ESG space?

In the ESG space, it's crucial for an attorney to maintain a comprehensive and current understanding of the latest developments, as ESG regulations and standards and industry best practices and benchmarks are evolving rapidly. This knowledge must be combined with a nuanced understanding of your client's operations, strategic goals, and industry-specific risks so you can provide tailored, practical advice that addresses the real-world challenges the client faces. This involves not just legal analysis but also considering the client's corporate culture, stakeholder expectations, and market position.