The past two years have seen a succession of general counsel caught up in the corporate scandals that crossed the US. But the post-Enron era has also brought with it another breed of US general counsel – general counsel who ‘lead the ethical way’. If anyone typifies the new breed it is Bill Lytton.
He was appointed to troubled manufacturing and service giant Tyco International in the wake of a corporate scandal that saw the group lose its CEO, CFO and general counsel in one fell swoop. The affair, along with Enron and WorldCom, came to embody the corporate climate of the time.
