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Home > Golden Rule Guides CLO's Approach, Even to Litigation

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Golden Rule Guides CLO's Approach, Even to Litigation

January 23, 2013

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TL: If you ever went back to being outside counsel, what would you do differently?

Holmes: I know, if I was working with corporate clients, I would be much more proactive in understanding the business issues. I would want to know the "business owners' " view of the situation and what potential outcomes the business owners believed existed. I would take all of the information and prepare a plan AND budget to make sure we all were on the same page in addressing the issue at hand.

TL: What's some good advice for how general counsel can see the bigger picture of a company's business, and not just legal issues?

Holmes: Go spend some time with the people that drive the success (or potential failure) of the business! Understand the business! Think of ways you can improve the business after you have a better understanding of all of its facets.

This article originally appeared in Texas Lawyer.

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Firms mentioned

    
  • K&L Gates

Companies, agencies mentioned

    
  • Blending Business
  • PowerCare division
  • Golden Rule
  • Interstate Batteries

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  • Corporate & Business Law

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