|Event Date/Time: Sep 26, 2010||End Date/Time: Sep 28, 2010|
The role of the in-house legal counsel is evolving as a result of heightened corporate governance and compliance standards. With higher expectations being placed on them, in-house legal counsels are expected to take on more responsibilities and redefine their role to stay current with the new demands. The corporate counselâ€™s office is facing major challenges as it has to expand its function and influence throughout the enterprise. It has to put into practice ideas to improve workload management and distribution of legal knowledge, and has to become a driver of business, rather than a reactive element, by taking an integral role in the planning and implementation of business initiatives.
In order for General Counsels to help their enterpriseâ€™s bottom line, they must think more like business people. They must outsource work and form partnerships with law firms and legal services providers in order to maximize operational efficiency, and they need to become a strategic advisor to other departments within the corporation on key initiatives and business functions in order to drive the business forward.