Steadying the ship – what has driven the rise in demand for interim GCs?
One of the less appreciated effects of the growth of in-house legal teams in recent years has been the evolution of the interim general counsel. While fans of Premier League football will be all-too familiar with the concept of an interim boss, the phenomenon is one that is relatively new to the legal world. But a slew of temporary appointments to high-profile in-house teams at banks, retailers and other major corporates suggests it is no longer possible to leave the top legal job vacant for extended periods of time. So what has driven the push for interims, and what status do those who take these impermanent roles really have?
Growing numbers of major corporates are turning to interim GCs to fill in when their top legal job becomes vacant, giving them more time to find the right person for the ever-more demanding position. But are these temporary bosses just keeping things ticking over or is there more to their role? Gavriel Hollander reports
This premium content is reserved for
Legal Week Subscribers.
Subscribe today and get 10% off.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Unique access to ALM's unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week's UK Top 50 and Global 100 rankings
- The Legal Week Daily News Alert, Editor's Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now
For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651