What does a Legal Counsel do?

The Legal Counsel provides expert legal advice and support to the company, ensuring compliance with laws and regulations. This role is crucial in mitigating legal risks, managing litigation, and safeguarding the company's interests through effective contract management.

What are the Key Responsibilities of Legal Counsel?

  • Provide legal advice on a wide range of issues including corporate governance, contracts, and regulatory compliance.
  • Draft, review, and negotiate contracts with clients, vendors, and partners.
  • Manage litigation processes including liaising with external counsel when necessary.
  • Ensure the company's operations comply with applicable laws and regulations.
  • Develop policies to manage legal risk across the organization.
  • Conduct training sessions for staff on relevant legal topics.

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What are the Skills and Requirements for a Legal Counsel?

  • Strong understanding of corporate law and regulatory frameworks.
  • Excellent negotiation skills for contract management.
  • Ability to analyze complex legal issues quickly and effectively.
  • Strong communication skills for advising stakeholders.

What are the KPIs to track for Legal Counsel?

The Legal Counsel's performance is evaluated based on successful risk mitigation strategies implemented, timely resolution of legal disputes or issues without significant financial loss or reputational damage to the company.
Risk Mitigation
Implementation of effective strategies that reduce potential liabilities.
Dispute Resolution
Timely handling of disputes minimizing financial impact.
Compliance Management
Ensuring all operations adhere strictly to relevant laws
Reports to
Chief Legal Officer
Collaborates with
Business Units Heads; Compliance Team; External Law Firms
Leads

Are any specific tools or software required for the Legal Counsel role?

  • LexisNexis
  • Westlaw

What is the qualification of Legal Counsel?

Juris Doctor (JD) degree from an accredited law school; admission to practice law in relevant jurisdiction; 5+ years experience in a corporate environment.