Going Beyond General Counsel
by Brandy Russell
The role and influence of General Counsels (GC) and Chief Legal Officers (CLO) have seen significant expansion in recent years. As their functional responsibilities grow, the GC title may no longer be the pinnacle role for legal leaders within the C-Suite. Some organizations have elevated their legal executive leaders into a broader level role within the executive leadership team: the Chief Administrative Officer.
Key findings included in the report:
- 82% of CAOs from Fortune 500 companies were hired internally
- 40% of CAOs from Fortune 500 companies come from a legal background
This report explores topics such as the need for a CAO, the various CAO archetypes, reporting lines, roles, and responsibilities, succession planning and strategic hiring, the evolution from legal executive to CAO, and advice to the next generation attorney.
For the full report, click here.