PayPal's Louise Pentland Tells Her 'Unwritten Rules' of Success
Pentland has ascended to the top of the legal department at the payments giant. Here's what she told attendees of Berkeley Law School's Peer 150 General Counsel Institute she's learned in the process.
September 28, 2018 at 11:13 AM
4 minute read
The original version of this story was published on Corporate Counsel
Louise Pentland, the chief legal officer of San Jose, California-based fintech company PayPal, closed out the first day of Berkeley Law School's Peer 150 General Counsel Institute Thursday with some advice based on what she's learned over her career journey.
“It's hard if people don't tell you what the unwritten rules are to be successful,” Pentland told the audience of mostly in-house lawyers at Berkeley. Here are the steps Pentland outlined:
1. Ace the job you are hired to do.
Pentland said it's important for in-house leaders to be a partner to the business—even if that doesn't come easily. She noted a conversation she had with an in-house lawyer earlier in their career who had not spent much time speaking with company executives, as their desks were on different floors. In-house lawyers, Pentland said, should be regularly sitting and talking with executives, even if that means bringing a laptop up to their floor and working or chatting there.
Often, Pentland said, in-house counsel put themselves ”in a box” that could cut them out of opportunities to build relationships and make change in the company—and they should avoid setting those limitations.
But it's also important for in-house leaders to prove themselves to their team first. Pentland said she did that at one in-house role by simplifying a complex document that made everyone in legal's life easier. “I had to show them what i was made of,” she said.
2. Have a game plan in advance.
Pentland said she's never known about her next opportunity more than six weeks in advance.
“If you have some sort of plan, I think you start to ready yourself for when those opportunities come forward,” she said. Pentland has wanted to be an in-house leader since law school.
That dream became a reality, she said, through networking, mentoring and developing advocates on the executive team. When opportunities came around, those long-term developments gave her an edge over others just starting.
Decision-makers will remember lawyers who “rose to the occasion” and who have done an “amazing job,” she noted.
3. Know what you stand for.
When choosing her most recent role, at PayPal, Pentland said this was one of the most crucial factors. She felt she was personally aligned with the company's mission.
And she's also brought her values into the legal department, including a strong focus on diversity and inclusion. Pentland has pushed for more diversity at outside law firms by rejecting those that don't have women or underrepresented minorities working on their matters.
“They may be the best firm in Silicon Valley or the United States. I will not use them,” she said.
Pentland's department has both a CLO and a GC, Wanji Walcott, a decision Pentland said she made to increase the pipeline of diverse candidates to top legal roles. In her experience, many talented diverse lawyers were cut out of top legal jobs in-house because they had only ever served as a deputy GC.
But she said that deputy GCs often perform more of the day to day legal work than their department's head—and they should get credit for the importance of their role. With the CLO and GC setup, both leaders are able to develop and grow, and the GC gets the credit they deserve and a better shot at future positions.
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
© 2024 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 AllCollectible Maker Funko Wins Motion to Dismiss Securities Class Action
How Tony West Used Transparency to Reform Uber's Toxic Culture
What Paul Grewal Has Learned About Advocacy as Coinbase's Top Lawyer
7 minute readShowered With Stock, Tech GCs Incentivized to 'Knock It Out of the Park'
Trending Stories
- 1Gibson Dunn Sued By Crypto Client After Lateral Hire Causes Conflict of Interest
- 2Trump's Solicitor General Expected to 'Flip' Prelogar's Positions at Supreme Court
- 3Pharmacy Lawyers See Promise in NY Regulator's Curbs on PBM Industry
- 4Outgoing USPTO Director Kathi Vidal: ‘We All Want the Country to Be in a Better Place’
- 5Supreme Court Will Review Constitutionality Of FCC's Universal Service Fund
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
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