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When Jose Gonzalez took over as general counsel of insurance firm QBE North America in April 2014, he was told to cut his 60-person legal department in half while still handling all the company’s daily legal needs.
senior reporter at ALM since 2004; based in Florida;
covers general counsel and white collar crime;
“There is a general perception if you’re in-house counsel or you’re a lawyer for a larger company, you should be in your 50s sitting behind a wooden desk with all your law books on the shelf,” one millennial GC said. “That’s just not who we are.”
The New Jersey Supreme Court has taken up a case that requires it to consider whether motorists who opt for the $15,000 minimum in personal-injury-protection benefits in their insurance policies can recover medical expenses exceeding that amount.
In the Goulston & Storrs 2017 General Counsel Survey, fifteen percent of GCs or in-house counsel say they have the most difficulty identifying exposures, and this emerging risk is reshaping their role.
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