Analysis: A right or a privilege?
At a time when the trend across the EU is for rules affecting business to be harmonised, the view on extending professional privilege rights to corporate counsel is very mixed. Derek Bedlow explains the problem and why change could be a long time coming
From a US perspective, the ban by many European countries on extending professional privilege rights to corporate counsel is, at best, an historical anachronism and, at worst, an extremely counterproductive bar to the effective corporate governance of many European countries.
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