Dramatic change for general counsel role

One of four predictions for the legal profession in a survey is the changing role of the general counsel.

The increase in regulation has contributed to the change in status for GCs Pichetw

The general counsel role has become highly influential because of globalisation, increasing regulations, compliance and risk management, pressure for shareholder value, and complexities inherent in intellectual property matters as well as a host of business challenges, Greenberg Traurig co-chair Cesar Alvarez commented. He said that the expanded role was already in evidence in corporate governance which he expected to intensify in the coming years. Source: Future Law Offices

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