One of a general counsel’s most important tasks is to provide clear-eyed counsel to the board of directors, often on what the business landscape will look like going forward.

Rarely has that task been more difficult. On the one hand, you have the tech sector, which is battening down the hatches, cutting jobs and even rescinding job offers. In a Q&A with employees last week, Meta Platforms CEO Mark Zuckerberg could hardly have been more bearish.