The following developments from the past month offer guidance on corporate law and governance law as they may be applied to nonprofit health care organizations:
EXPANDING ROLE OF GENERAL COUNSEL The April 12 survey report, “The Rise of the GC: From Legal Adviser to Strategic Adviser” concludes that (a) the role of the corporate general counsel continues to expand and evolve; and (b) as this role shifts, the perspectives of the general counsel are “uniquely positioned” to advise the board and management team on risk management and strategic decisions. This is consistent with the perspectives of leading corporate responsibility commentators, that the role of the modern general counsel includes not only providing legal advice, broadly defined, but also serving as a member of the “business team” and offering business, ethics and risk management advice to leadership.
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