GCs put into firing line

General counsel are being given more responsibility - and more of the blame when things go wrong, according to an analysis in The Globe and Mail.
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General counsel are being given more responsibility - and more of the blame. mast3r

The Toronto-based newspaper gives Credit Suisse as an example. When Brady Dougan, the bank's chief executive, was appearing before the Senate subcommittee on investigations, 'the man whispering in his ear was the firm’s general counsel, not an outside attorney'. Other examples - of legal officers leaving the companies - are given. The paper cites Pfizer's ex-GC, Amy Schulman who was 'suddenly out' in December and health insurer Wellpoint which 'said it had fired chief attorney John Cannon' but 'declined to elaborate'. Source: The Globe and Mail

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