Retired general counsel retained as legal consultants

The De Beers Group General Counsel, Glenn Turner will retire in mid-September and, according to the press release dated Aug. 26, 2005, “will be retained as a legal consultant to De Beers.”

Other examples of retired general counsel shifting to become a consultant to the company have crossed my desk. The arrangements could be part of a severance package, or because of the company wanting some transition experience to help the new general counsel (assuming one has been chosen), or because the retiring general counsel has irreplaceable knowledge about a particular legal issue.

We welcome comments

Your email address will not be published. Required fields are marked *