The Corporate Counsel Poll: Need for perspective

(This article appears courtesy of International Financial Law Review, sign up for a free trial on their site) 

By Nicholas Pettifer

Company management wants in-house counsel to keep budgets low (while maintaining thorough due diligence). It requires lawyers to keep an eye on the growing trend of dual-track offerings. Most importantly, it expects counsel to plan strategies to cope with the threat of hedge funds and private equity.

There is one problem: European corporate counsel are so swamped with records management and compliance that they don’t have time to plan for any lurking dangers.