Empowering Business Policy & Strategy through Improved Collaboration between Managers and In-House Counsel

Atlantic Law Journal, 20, 225-268, 2018

18 Pages Posted: 3 Aug 2020

See all articles by Evan A. Peterson

Evan A. Peterson

College of Business Administration, University of Detroit Mercy

Date Written: 2018

Abstract

Managers who marginalize and ignore the contributions of in-house counsel to business success are an unfortunate component of every organization. The conceivable damage to innovation, global trade, and economic growth posed by cybercrime will force in-house counsel, managers, executives, and technology experts to work collaboratively on creating proactive approaches to cyber security risk-management practices. Intellectual property law protections will become increasingly important to the generation of organizational value. Organizations will need to nurture collaboration between managers and lawyers to attend to these shifting trends and challenges. Despite the threat of such challenges, managers often hold viewpoints that marginalize contributions of the legal profession in the corporate setting. As managers will routinely execute a growing number of business decisions in the years ahead requiring an appreciation of legal strategy initiatives, organizations will face an escalating need to reexamine and adjust managerial attitudes toward the law within the corporate setting.

Keywords: legal strategy

Suggested Citation

Peterson, Evan, Empowering Business Policy & Strategy through Improved Collaboration between Managers and In-House Counsel (2018). Atlantic Law Journal, 20, 225-268, 2018, Available at SSRN: https://ssrn.com/abstract=3641893

Evan Peterson (Contact Author)

College of Business Administration, University of Detroit Mercy ( email )

4001 W. McNichols Road
Detroit, MI 48219-0900
United States

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