Law

Analysis of corporate, commercial, and contract law. Written for general counsel, business lawyers, and compliance professionals.

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General Counsel as Risk Management Leader

It is almost a cliché now to say that the general counsel is also a risk manager. Risk management is top of the agenda for most general counsel. What does it mean to say that the general counsel is a risk manager? The answer depends on the general counsel’s role....

Contested Visions: The Value of Systems Theory for Corporate Law

Activist investors have used the rhetoric of shareholder value as a cudgel to browbeat boards into selling assets, repurchasing shares, and cutting payroll and research and development to achieve short-term share price increases....

Use the Contract Hierarchy for Better Results

It is time to rethink contracts and document management. Understand the contract hierarchy to improve profitability, collaboration, and risk management. The contract hierarchy unifies the legal...

General Counsel Caught Between Contract Speed and Risk Management

General counsel must find ways to both manage contract risk and increase contracting productivity on a limited budget. No legal department wants to be the bottleneck for contracts....

Minimizing Taxes: Keeping it all in the Family

Issues and developments for tax strategies that use trusts to allocate taxable income....

What is Legal Entity Management?

General counsel, business lawyers, and corporate paralegals serve a vital role in corporate compliance. Without their diligence, the corporate veil would blow away in the wind....

Changing Role of General Counsel in Germany

A tension exists for the legal function between becoming too close to business and becoming isolated in a functional silo....

Value Creation, Risk Management and US Bank Holding Company Governance

An executive committee... may create an atmosphere of “elitism.” Yet, holding companies with such committees were priced with higher price/book valuations...

General Counsel Guide to Entity Management

Gone are the days of corporate secretary duties performed in isolation. General counsel are under increasing pressure to deliver and demonstrate value to the organization....

Legal Department, the Business Interruption Team

Sales people, managers, and executives mutter about lawyers being the “business interruption team” while the general counsel tries to balance objectives: fast contracts and careful risk management....

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