Today, general counsel and other senior-level legal executives are at the nexus of major business decisions. The roles of the chief compliance officer and chief IP officer, in particular, have risen to the highest ranks of organizations and therefore, anyone who holds one of those roles needs to be “C-suite ready.”
Considering the fact that legal departments within large enterprises do not generate revenue, GCs and their direct reports must continually demonstrate how the law department adds value to the company. InsideCounsel Managing Editor Rich Steeves recently caught up with Wayne Sobon, senior vice president and general counsel at Inventergy and president of the American Intellectual Property Law Association, who discussed the growing importance of the chief IP officer, especially in relation to business decisions.
