Rethinking The Legal Function

A look at the expanding role of the GC as legal advisor, nay-sayer, business advisor, yea-sayer, compliance overseer and increasingly as a fielder and analyzer of data. As the role becomes more complicated, GCs must maintain independence and keep a focus on legal and ethical obligations, writes Tim Strong, managing director at Duff & Phelps’ legal management consulting practice. GCs need to know where the pitfalls lie, and how to calibrate their priorities and manage their time.