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The inside counsel revolution : resolving the partner-guardian tension / Ben W. Heineman, Jr.

Van Pelt Library KF1425 .H45 2016
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Format:
Book
Author/Creator:
Heineman, Benjamin W., author.
Contributor:
Lippincott Library Book Endowment Fund.
Language:
English
Subjects (All):
Corporate lawyers--United States.
Corporate lawyers.
United States.
Physical Description:
x, 515 pages ; 24 cm
Place of Publication:
Chicago, Illinois : American Bar Association, [2016]
Summary:
"In the past 25 years, there has been a revolution in the legal profession. General Counsel and other inside lawyers have risen in quality, responsibility, power and status. Once second-class citizens in corporations and the legal profession, they have become core members of top corporate management, equaling in importance the Chief Financial Officer and the finance function. They have dramatically shifted power from law firms to corporate law departments, assuming strategic direction over legal matters and exercising for greater control over law firm billing and economics. Ben W. Heineman Jr. has led that revolution in his nearly 20 years as the top lawyer at General Electric and then in teaching and writing as a Distinguished Senior Fellow at Harvard Law School's Programs on the Legal Profession and Corporate Governance and as a lecturer at Yale Law School. In this analytic and prescriptive book, he describes the essence of that transformation and the modern role of inside counsel in helping attain the corporate mission of high performance with high integrity: the key functions, relationships, issues, problems and dilemmas. He argues for the role of inside counsel as lawyer-statesman and as a partner of the CEO but also guardian of the corporation, motivated not just by the desire for income but by broader values of integrity and corporate citizenship. The Inside Counsel Revolution is a succinct, concrete yet visionary statement of first principles from a highly regarded founder of the in-house revolution that fundamentally changed the legal profession and reframed the lawyer-statesman role in this era to serve the performance, integrity and risk goals of global capitalism"--Unedited summary from book jacket.
Contents:
Introduction : the inside counsel revolution
The lawyer-statesman ideal
Partner-guardian realities
The cultural imperative
Compliance and legal hazard : the essence
Ethics : the complexity
Risk and crisis management
Governance : the board relationship
Citizenship and the primacy of public policy
Leading the law department
Law firms-and alternatives
The future : problems and possibilities.
Notes:
Includes bibliographical references (pages 457-489) and index.
Local Notes:
Acquired for the Penn Libraries with assistance from the Lippincott Library Book Endowment Fund.
Other Format:
Online version: Heineman, Ben W. Inside counsel revolution.
ISBN:
9781634252799
1634252799
OCLC:
936687619

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