Reaching the role of general counsel (GC) has traditionally been seen as the pinnacle of accomplishment for in-house attorneys not looking to transition into other C-suite positions. This notion, however, is gradually shifting with a growing trend of GC roles paving the way for a special adviser position within the corporation.
Seen as a strategic move to leverage in-depth institutional knowledge of outgoing GCs, the role of special adviser allows for a smoother transition and ensures that this invaluable knowledge stays within the organization. The new GC and entire C-suite stand to benefit tremendously from this reservoir of institutional memory and experience, aiding in informed decision making and strategic planning.
For more about this emerging trend within the in-house legal community, check out Greg Andrews’ briefing at law.com. His writing provides unique insights and advantageous resources to help in-house counsel navigate their rapidly evolving professional world.