A great article by my friend Matt Whalley at Berwin Leighton Paisner on the role of legal in risk management.
In-house legal functions are populated with intelligent, well-educated and hard-working individuals. They operate, individually and as a collective, at the most senior levels within your business. And the advice that they give is crucial to your sustained commercial success.
One challenge that many General Counsels and CEOs now face is how to position the in-house legal function within their operational risk model, to greatest effect.
This challenge is of the utmost strategic importance to your business. Get it right, and you lay the foundations for your legal function to be proactive legal risk managers – and trusted advisers to the business. Get it wrong, and you create a check-box culture that will de-motivate and disenfranchise one of your most important assets.