InnovaCounsel Blog

Building Strategic Alliances

When businesses work together on a project or create a joint venture, they need to create a strategic alliance agreement to solidify and outline the terms of the agreement. These contracts can be complex and include a variety of partnership … Continue reading


Good Governance in Troubled Times

Every industry has its own unique array of risks and no advice can cover all situations; however, given general economic conditions, and particularly the problems in the financial and credit markets, directors and senior officers should begin by regularly and … Continue reading


Focus on Strategy!

Seth Godin provides a simple distinction between a strategy and a tactic that all companies, large or small, should consider.  It’s very easy for management to get so involved in the tactical that they almost forget about their strategy.  The start of the … Continue reading


Six Strategies for Improving Performance – Part 4

Don’t Plead the Fifth: Encourage information sharing between management and in-house counsel — Too many companies communicate in silos that restrict the flow of critical business and legal information between in-house counsels and managers. This often results in poor decision-making … Continue reading


Six Strategies for Improving Performance – Part 3

Mind Your Achilles: Include your in-house counsel in the decision-making process — Companies that benefit most from legal counsel recognize the value of preventing legal difficulties rather than reacting to them after costly mistakes have been made. Veteran in-house lawyers … Continue reading


Six Strategies for Improving Performace – Part II

Prioritize: Have your in-house counsel manage all legal issues — Savvy CEOs rely on in-house lawyers who can address all of the day-to-day legal issues regularly facing their companies: fiscal responsibility and corporate governance, employment laws, intellectual property protection, contract … Continue reading


Six Strategies for Improving Corporate Performance

CEOs must perform a year-end assessment and goal-setting to help their companies navigate legislative and economic changes affecting business.       Show Me the Money: Use in-house counsel to increase company and shareholder value — Although an in-house counsel is treated … Continue reading