Is it your New Year’s resolution to focus (finally!) on joining a corporate board? After all, you are a seasoned in-house lawyer who has a ton of industry-relevant business experience. So it makes sense to get out there and network. If the stars align, an interesting board position will surface. Before accepting, take a moment to step back and ask some key questions. Board service is like marriage: It’s a great idea that can tragically turn into a nightmare if the wrong people are tied together for the wrong reasons.
Before joining a board, you might consider three categories of questions: 1) management-board dynamics, 2) board processes, and 3) board protections.
