Lawyers in private practice are encouraged to sit on the corporate board to get a taste for the business world and add their own expertise, but exactly how close should they get to their client?
The benefits to both law firm and client are clear. For the firm it brings a closer relationship with a valued client and the kudos of a board position – for the client it brings legal advice, often free of charge, at an early stage in the decision-making process and a law firm that understands the business.
