The importance of in house counsel for a company

The average in-house attorney will not be drafting wills or handling divorce or personal injury cases. Further, the in-house attorney usually handles legal issues from start to finish, as opposed to a partner assigning different associates the pieces of a larger case.

The importance of in house counsel for a company

All the general counsel featured here play critical roles both in protecting their companies and enabling them to grow. Those roles are also becoming wider and more complex. At a time of rapid technological advances and geopolitical uncertainty, the general counsel is often the fulcrum for advice on strategy, dealing with government and steering a sound and ethical course.

Increasingly, general counsel see themselves as champions of sustainability — of profits, people and planet — with a remit to take on social issues. The legal department is shown here to be a creator of economic value. Many of the general counsel are recognised by their most senior colleagues as sources of competitive advantage.

This is reflected in the comments made by the C-Suite executives in these brief profiles. Above all, these lawyers show how different the in-house branch of the legal profession has become: Accenture Chad Jerdee General counsel and chief compliance officer In 20 years at Accenturewith three in the top legal role, Mr Jerdee has helped drive business growth while maintaining ethical standards.

Helping thousands of people to develop good business judgment and a desire to behave as ethical corporate citizens. Mr Chesnut began his legal career as a federal prosecutor in Virginia, where he handled a series of espionage cases, including the prosecution of Aldrich Ames, a CIA officer turned KGB mole.

The GC role in the future? Too many companies have been torn apart by poor ethical behaviour from their leaders: Amgen Senior vice-president, general counsel and secretary Jonathan Graham Mr Graham is already a leader in the healthcare sector despite being a relative newcomer to the industry, having joined Amgen only three years ago.

He navigates a complex set of business, regulatory and intellectual property challenges every day. Before Amgen, he developed large legal teams as head of litigation and legal policy and head of compliance at General Electric and as general counsel at Danaher Corporation.

What keeps him up at night? The sometimes perplexing conflict of being in one of the most innovative industries, biotechnology, and being excoriated for drug pricing. As GC at Andeavor, the refining group, she helped in its recent negotiations with Marathon Petroleum to create the biggest crude oil processor in the US.

Previously, she helped steer Kraft through its merger with Heinz. She managed its human resources for a year and provides strategic counselling to the board and chief executive, also playing a key role in its purchase of Western Refining. Team builder, consigliere and coach.

He has reconfigured the in-house legal function and implemented a strategy that clarifies the roles of in-house lawyers and empowers them to take on more responsibility. He is the first general counsel to serve on the general management committee of the company.

The development of practical and user-friendly business advice to a global company in the context of increasing regulation. He is responsible for social responsibility activities and led the response to the Rana Plaza tragedy in Bangladesh when more than 1, died, including many workers of a garment supplier to ABF subsidiary Primark.

He points to his challenge to the BBC over footage of child labour in a report about Primark. Mr Rosillo was the director of economic and financial regulation at the Colombian ministry of finance.

He has a masters degree in economic and commercial law, awarded by the University of Georgia in the US, and is the director of the postgraduate course in financial and capital market law at Javeriana university in Colombia.

Achieving recognition for his lawyers to be seen as strategic allies to the business. She leads a team of lawyers and has introduced opportunities for secondment as well as initiatives to support flexible working and promote good mental health among staff.

Sarbanes–Oxley Act - Wikipedia

She understands that black letter law [established legal rules] is just one component of a decision. At Colgate-Palmolive, which she joined inshe has built a nimble legal department, which helps the consumer goods company adapt to the increasing pace of regulatory and market change. She dedicates time to mentoring women in the legal team and other business units.

On the legal profession: One idea to improve the sector: Mr Deckelman, who joined CSC inhas pioneered a system to create and manage commercial contracts.It’s hard to know what special counsel Robert Mueller‘s investigation is doing, but it’s clear that it’s going quickly..

Experts on independent investigations, including some who have.

Why Companies Hire In-House Legal Counsel | Counsel Right

The Sarbanes–Oxley Act of (Pub.L. –, Stat. , enacted July 30, ), also known as the "Public Company Accounting Reform and Investor Protection Act" (in the Senate) and "Corporate and Auditing Accountability, Responsibility, and Transparency Act" (in the House) and more commonly called Sarbanes–Oxley, Sarbox or SOX, is a United States federal law that set new or.

The importance of in house counsel for a company

Oct 05,  · The nominee, Andrew R. Wheeler, is a former aide to Senator James M. Inhofe, an outspoken denier of established science on climate change, and has worked as a . Introduction. Introduction. Investors expect that if a company's shares are listed on the New York Stock Exchange, the company has complied with specified financial standards and disclosure policies developed and administered by the Exchange.

Another advantage to in-house counsel is their business knowledge. Quality legal advice is fact-specific, so the more an attorney knows .

Senate Revision Amendment. In the analysis of sections under this chapter heading, a new item, " Applicability to Canal Zone.", was inserted by Senate amendment, to follow underneath item 13, inasmuch as a new section 14, with such a catchline, was inserted, by .

Evolving Role of In-House Counsel: Adding Value to the Business |