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Lawyers, general counsel and boards – the next level of partnership

GCs must step out of their legal box and embrace their new role as influencer and trusted advisor to the board and top management

Published Thu, Nov 3, 2022 · 06:09 PM

GLOBAL headhunting firm Korn Ferry describes today’s general counsel (GCs) as bringing more to the table than just their legal knowledge and expertise. The GC role requires the individuals to act increasingly as both legal and business advisors to the board and the senior leadership team, drawing upon their broader business knowledge and a wider (non-legal) skill set. In other words, having the legal pedigree of a deep knowledge of the law and regulations, negotiating skills, and specialisations such as securities law is very much a given. 

The differentiation of GCs who are valued comes from their being “more than just a lawyer”. Important as the law may be, it is no more important than the knowledge found in other subject matter experts. The legal knowledge and experience is just the “adm…

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