Four general counsel who have had distinguished careers have come together through a law firm’s efforts as an advisory group. In January of this year, Rees Smith encouraged Carl Krasik, Lawrence Stein, William Mutterperl, and Michael Bleier to offer no0cost advice to any executive of a client of the firm. The article that describes this in Corp. Counsel, June 2011 at 18, explains that some of the questions members of the quartet have answered have to do with law department operations and management, such as outside counsel cost control.
This initiative of Reed Smith marks an innovation and a welcome addition to the wisdom of management. I wonder whether these experienced resources will continue to restrict their guidance to clients of the firm.