10 Tips for Lawyers Taking on Risk

Dennis Garcia, Assistant General Counsel of Microsoft Corporation, give his perspective on what lawyers should consider when taking on risk:

“Recent geopolitical developments have made our world increasingly unpredictable. More than ever before lawyers need to bring their “A” game every single day to help their clients take smart risks as they pursue their business objectives in a changed and more complex environment. While there’s no singular definition or way to engage in smart risk-taking, a good starting point involves embracing these two fundamental concepts: (1) never, ever assume any integrity risks; and (2) never put your customers, partners and employees at risk….Over the years I’ve developed a methodology that I call the “10Ps” of smart risk-taking.”

Read: 10 Things Lawyers Should Consider When Taking Risk (Perspective) at Bloomberg BNA Business of Law



Welcome to the Era of White Dwarf Law Firms

In-house counsel concerned that their outside counsel may fade away like white dwarf stars should also look at the legal profession generally, and what their own role in it may look like if they and their fellow…