Inclusive growth

I have responsibility for global diversity for Mastercard. Our chief diversity officer reports to me, along with a team of four professionals. The origin of that comes straight from the top – Ajay Banga our CEO believes diversity should be the responsibility of someone with a global business leadership role. He doesn’t want diversity to only be viewed as an HR function. Then, people put it in a box and think about it in a partial or nice to have way, rather than as the core business enabler it can be. We wanted to create a context where diversity and inclusion is driven in partnership with HR, but as a truly strategic function of leadership.

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Leading the law department: hire the best

For the inside counsel revolution to succeed, the General Counsel must follow a basic dictum: Hire the best. The key to the legal function’s credibility with the CEO and senior line executives is to seek broad-gauge lawyers who are outstanding technical experts, wise counselors and effective leaders to occupy the top specialist jobs in the company and to be general counsel in the main operating divisions. Placing the best people in senior lawyer positions across the company also has great ripple effects, as these individuals, in turn, build their specialty or business legal groups through other outstanding hires.

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Change is imminent

Alison Gaskins’ remit on joining Barclays’ legal department was formidable. Group general counsel Bob Hoyt told her in no uncertain terms, ‘I want to be able to have a conversation with my CEO which clearly states what the legal department is doing for its internal customers, including what it costs and why it costs what it does.’ A former management consultant with over ten years’ experience in COO and change management roles at Barclays, even Gaskins was initially daunted by the scope of this request.

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Myths and millennials – separating buzzword from bunk

As the role of the general counsel in today’s modern corporation continues to evolve, the roles and responsibilities they are expected to fulfil has expanded exponentially. Chief among that growing mandate has been an expectation that the GC is not only an expert in their trained profession, but an effective manager and business partner.

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GC Roundtable – business leader/business partner/lawyer?

That the role of the general counsel is becoming an increasingly senior and integral part of today’s businesses will be nothing new for readers of GC Magazine. From GCs and partners through to CEOs and politicians, the importance of the role to modern business – from major corporates through to emerging companies – cannot be understated.

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Shifting gears – maintaining relevance through revolution

I’m not a lawyer – I’m a race car driver. But before that, I was the general counsel of a Fortune 500 company for a dozen years. Prior to that, I was an in-house counsel for almost a decade. Before that, I formed and ran a small investment bank/business broker and international consultancy. And before that that, I was a lawyer, spending about half a decade with BigLaw and a year as a Federal District Court Clerk.

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‘An element of control’: Market reacts as Eversheds confirms talks with Atlanta-based Sutherland

It is no secret that Eversheds has long wanted a US tie-up, with the partnership heavily backing the strategy in 2014. However apart from a few well-placed external and internal sources, most of the partnership and important clients this side of the Atlantic had no idea the firm was so close to a deal with Atlanta-based full service firm Sutherland Asbill & Brennan. Continue reading “‘An element of control’: Market reacts as Eversheds confirms talks with Atlanta-based Sutherland”