In today’s global business environment, legal expertise is no longer a support function operating at the margins of decision-making. It is a core component of strategy, governance, and innovation. Nowhere is this shift clearer than in the remarkable rise of in-house counsel. ACC’s recent analysis of U.S. Bureau of Labor Statistics data reveals that since 2008, […]
As I prepare to step away from my role at ACC this October, I find myself both humbled and inspired by the extraordinary evolution of the in-house profession during my tenure. One of the greatest privileges of serving as CEO of the Association of Corporate Counsel has been the opportunity to witness, and in a […]
From protecting shareholder value to helping ensure the sustainability of the entire economy, good corporate governance practices are a foundational element for all companies. A key component to developing a sound governance culture is to define management and board reporting structures that encourage communication, openness, and an environment that welcomes all ideas, as popular or […]
Introducing transformative technology to an organization’s established processes requires careful consideration. The organization’s leadership needs to ask not only what types of new technology should be incorporated but also how the technology will be positioned and precisely integrated. What specific challenges do we anticipate solving with this technology? Based on those answers, a strategy needs […]
Like many executives, I’m both excited and cautious about the opportunities artificial intelligence (AI) presents. We have all heard it said that those organizations that “get it right” will have a tremendous advantage over those who don’t. But there isn’t a whole lot of clarity around what “getting it right” actually means. While there’s always […]
There is good news, and certainly some bad news, when it comes to the gender pay gap. The good news is that a recent report by Russell Reynolds Associates found that 67 percent of the 43 lawyers named general counsel (GC) of Fortune 500 (F500) companies last year were women — marking the first time women outpaced […]
I recently sat down with Rose Ors, CEO of ClientSmart, to talk about my career and the insights gained in writing my book, Take Six. Rose Ors: What led you to write the book, Veta? Veta T. Richardson: At various points, people I have mentored have suggested that I write a book about the principles that have guided […]
This July message is late. Really late. And I have no good excuse for being so far behind deadline. The truth is that there were other things that distracted me and many of those distractions entailed enjoying as many warm, sunny days as I could. There’s a purple butterfly bush in my garden and I […]
At an ACC-hosted forum in Paris, Jean-Claude Beaujour, a partner with Paris-based law firm Smith d’Oria, and Veta T. Richardson, ACC president and CEO, discuss how law departments can provide and showcase the value they bring to the business. For today’s in-house lawyer, delivering value remains the key to being an effective counselor to the […]
