Consider this: Approximately one-quarter of current general counsel in the Fortune 500 are now over 60, and recent SEC actions suggest that organizational succession planning for general counsel may soon become a question of legal compliance.
It’s no surprise then, that, as Julie Preng, managing director for the Legal Center of Expertise at Korn/Ferry International, wrote on page 34 of this issue, “transition due to succession is likely to be a hallmark of the next five years in corporate America.”
