Johnson Partners: The Modern General Counsel - Protecting Value & Creating it
The vast majority (at least 70%) of GCs in the ASX100 report to the CEO and are members of the executive team. Today's successful general counsel/chief legal officer (GC) adopts a much different approach, drawing on a very contemporary toolkit characterized by versatility, curiosity, business acumen, learning agility, strategic thinking, leadership, and personal courage. Those who develop and deploy this toolkit earn their place as a key business partner and play a significant role in business strategy and decision-making.
Kate Olgers, who leads Johnson Partners’ Legal and Governance practice, characterizes and defines the modern general counsel. Olgers's perspective is informed by her first-hand experience as a chief legal officer of an ASX20 organization.
Olgers separates the modern GC into the following sections:
- Internal and External Context
- Role Dimensions
- So, What's in the GC Toolkit?