The Transformation of General Counsel: Setting the Strategic Legal Agenda

19 Pages Posted: 16 Jan 2013  

Constance E. Bagley

Yale University

Mark Roellig

Massachusetts Mutual Insurance Company

Date Written: January 8, 2013

Abstract

In this paper, we explore the evolving role of the general counsel in the United States and elsewhere. We then suggest ways that chief legal officers can not only keep their corporate client out of trouble, but also be strategic partners, actively helping the company to create and capture value and marshal resources while managing both legal and business risk. Indeed, we submit that general counsel can be more effective drivers of compliant corporate behaviour if they are strategic partners with the non-lawyer managers and encourage managers to take an active role in legal matters - that is, to be legally astute.

Keywords: legal astuteness, strategy, competitive advantage, general counsel

JEL Classification: G18, K20, K42, L84

Suggested Citation

Bagley, Constance E. and Roellig, Mark, The Transformation of General Counsel: Setting the Strategic Legal Agenda (January 8, 2013). Available at SSRN: https://ssrn.com/abstract=2201246 or http://dx.doi.org/10.2139/ssrn.2201246

Constance E. Bagley (Contact Author)

Yale University ( email )

20 Fox Den Way
New Haven, CT 06525
United States

HOME PAGE: http://winninglegally.com

Mark Roellig

Massachusetts Mutual Insurance Company ( email )

1295 State Street
B417
Springfield, MA 01111
United States

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