Law Department Management Blog
“Nothing strikes fear into the heart of a corporate general counsel like a call from celebrity attorney Gloria Allred.” That is the over-hyped opening of an article in Bloomberg BusinessWeek, July 23, 2012 at 55. Perhaps. If one’s boss, the CEO, is embroiled in a messy breakup and the wife has hired a ferocious lawyer adept inside and outside court, it’s no fun to be the general counsel, but the CEO is not a personal client.
In contrast, a press release from an aggressive competitor announcing a hostile takeover, a call from the Enforcement Division of the SEC, a dawn raid by European government, or service of process regarding the company’s crown jewel patent might grey the hair and disturb the sleep.