A COMMENT ON THE ROLE, STRUCTURE, AND FUNCTION OF CORPORATE LEGAL DEPARTMENTS

IT IS ECONOMICAL FOR A CORPORATION TO HIRE ITS OWN LAWYERS, BUT ONLY TO THE EXTENT THAT THEY ARE DOING WHAT THEY DO BEST, NAMELY, HANDLING THE MOST COMMON SORTS OF PROBLEMS OF THAT CORPORATION. THE UNUSUAL PROBLEM IS GIVEN TO OUTSIDE COUNSEL, ALREADY EXPERT IN THIS AREA. FOR EXAMPLE, LITIGATION IN I...

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Bibliographic Details
Published in:American business law journal 1976-09, Vol.14 (2), p.227-235
Main Authors: McConnell, Jon P., Lillis, Charles M.
Format: Article
Language:English
Subjects:
Companies
Departments
Legal
Roles
Structure
Online Access:Get full text
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Summary:IT IS ECONOMICAL FOR A CORPORATION TO HIRE ITS OWN LAWYERS, BUT ONLY TO THE EXTENT THAT THEY ARE DOING WHAT THEY DO BEST, NAMELY, HANDLING THE MOST COMMON SORTS OF PROBLEMS OF THAT CORPORATION. THE UNUSUAL PROBLEM IS GIVEN TO OUTSIDE COUNSEL, ALREADY EXPERT IN THIS AREA. FOR EXAMPLE, LITIGATION IN IMPORTANT CASES IS OFTEN LEFT TO OUTSIDE COUNSEL. MANY AREAS OF THE LAW SUCH AS ANTITRUST, INTERNAL REVENUE AND LABOR MANAGEMENT RELATIONS ARE NOT DEALT WITH BY INDIVIDUAL CORPORATIONS SUFFICIENTLY OFTEN FOR MEMBERS OF THE CORPORATE LEGAL STAFF TO BECOME EXPERT IN THEM. TABLES.
ISSN:0002-7766
1744-1714
DOI:10.1111/j.1744-1714.1976.tb00456.x