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“General counsel compensation has evolved with the way compensation is viewed at the C-suite level. There is a greater emphasis towards equity and a greater emphasis on company performance," says John Nixon, a partner at Duane Morris in Philadelphia who helps negotiate GC compensation.
The Challenger anniversary offers a substantive, practical message that is as relevant today as it was 35 years ago. And it’s a message about the enduring importance of risk management and compliance processes; the value they bring to project development when thoughtfully structured, and the harm they can create when carelessly ignored.
In-house lawyers must not only provide accurate and effective legal advice and defense representation, but also proactive ethics and compliance support and counseling. In two different contexts and two different cultures, the experience of both the U.S. and Brazil make this clear.
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