Danger: Lawyer on Board
Danger: Lawyer on Board A recently certified class action could discourage lawyers from sitting on boards. By Michael Rappaport, CCCA Magazine For years, corporate lawyers proudly served as directors on their clients’ boards; it was considered a mark of prestige, proof of their role as trusted advisers, and an excellent way of generating business. But corporate governance rules have since tightened, placing greater emphasis on the independence of directors, widening the scope of their personal
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