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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.
"There’s a certain trust that comes with someone raising a complaint, in person, that should be honored," said Rob Chesnut, Airbnb Inc.'s general counsel and chief ethics officer.
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.
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