What are the Key Responsibilities of Legal Counsel?
Legal counsel has a variety of responsibilities, including:
- Contract Management: Drafting, reviewing, and negotiating contracts to ensure they are legally binding and favorable to the company. - Compliance: Ensuring the business complies with local, state, and federal laws and regulations. - Risk Management: Identifying potential legal risks and developing strategies to mitigate them. - Dispute Resolution: Representing the company in legal disputes, either through litigation or alternative dispute resolution methods like arbitration and mediation. - Corporate Governance: Advising on matters related to corporate governance, including compliance with bylaws and shareholder agreements.