The generation that lived through the Great Depression might now have an advantage when it comes to managing a budget for a corporate law department — or anything else, for that matter — according to Susan Hackett, general counsel and senior vice president for the Association of Corporate Counsel.
“The economic downturn is more evident everywhere I go. The impact can be seen and felt all around us: closing businesses, laid off workers, less abundance, less consumerism and an increased focus on family time,” Hackett wrote in an essay published on the group’s Web site. Recent hard times have reminded her of her mother’s frugality, born of growing up in the Depression years.
