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 as a general and administrative (G&A) expense, there are many areas in which an experienced in-house counsel can boost company equity, leading to an increase in shareholder value. Here are several value-enhancing contributions your in-house counsel can make:
· Implementing and monitoring corporate governance and compliance policies
· Avoiding expensive litigation by resolving disputes early on, before they end up in court
· Preventing costly mistakes in business deals by better structuring, negotiating and documenting them
· Reducing expenses because of the significantly lower cost of in-house counsel as compared to outside hourly rate attorneys
· Devising an intellectual property strategy that protects assets through the registration and defense of patents, trademarks, copyrights and trade secrets