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Top Legal Issues Faced by In-House Counsel

Posted by: Jamie Rhode on Oct 25, 2024

As corporate in-house counsel, you are your company's navigator through the complex legal landscape that modern corporations must traverse. Your role is pivotal in steering the organization clear of legal pitfalls while ensuring compliance and safeguarding its interests. The challenges you face are diverse, reflecting the multifaceted nature of today's business environment.

Here, we delve into a collective list compiled by the executive council of the Corporate Counsel Section of the top legal issues that are most likely to demand your attention and expertise:

  • Contract review/negotiations across divisions,
  • Contract management,
  • Corporate subsidiary/affiliate shared services,
  • Designing and implementing legal training,
  • FLSA rules,
  • Compliance with internal policies and procedures,
  • Competitive pay/pay equity,
  • Multi-state licensing requirements,
  • Corporate governance and entity management,
  • Data security requirements and data privacy hygiene, and
  • “Fringe tasks” (a.k.a., tasks that don’t fit squarely in any department but they sound kind of legal-related so the legal department takes responsibility).

In-house counsel plays a critical role in addressing these challenges, requiring a proactive and strategic approach to legal management. By staying informed and prepared, you can navigate these legal issues effectively, protecting and advancing the interests of your organization. If you have thoughts, questions or concerns about these or any other facet of in-house practice, we encourage you to utilize the TBA Section Talk discussion forum to connect with other in-house attorneys. Instructions for signing up to the forum and how to access it are available on TBA's website.