General counsel may want to take a page out of this playbook: It's the report released this week after a seven-month investigation into sexual misconduct at the Dallas Mavericks organization.The 43-page report could hold important lessons for GCs, along with at least one key piece of advice for company owners—hire a general counsel. The Mavericks finally did.

The report did not accuse Mark Cuban, the National Basketball Association team's owner, of wrongdoing. But it did cite Cuban's “significant errors in judgment” and “institutional failures.” (When he's not running a pro team, Cuban can be seen as one of the self-made tycoons on ABC's “Shark Tank.”)

During an interview Wednesday on ESPN, Cuban apologized to the women who had been victimized during his 18-year tenure. The owner also agreed to contribute $10 million to organizations committed to supporting the leadership and development of women and combating domestic violence.