|Photo: Pierre Charbonneau|
When the Canadian Securities Administrators issued a call last summer for comment on the potential regulation of the proxy advisory industry, it was inundated with responses from general counsel, their companies, law firms, and others who seemed to have been waiting in the shadows for a chance to vent.
- Industry Spotlight
- Law Department Management
The majority of in-house lawyers are familiar with the term secondment — the act of hiring a lawyer from an outside firm on a temporary basis. While the concept has been around for a long time, it’s becoming more commonly used as in-house counsel suffering from budget constraints, higher workloads, and temporary leaves-of-absence look for relief.
Lynn Korbak has always had a guiding principle when it comes to taking the next step in her career. The work has to be challenging and it has to be a fit with her entrepreneurial spirit — sometimes that means walking away from an opportunity as she did once when caught in the middle of a major takeover. “For me, the idea has been that whatever I was going to do I wanted to make sure it was going to be a building block in my career,” says Korbak, general counsel and corporate secretary with human resources giant Morneau Shepell where she has been the head of the legal department since 2003. “The best thing I can do is fully understand our business and our strategy and our objectives and how we operate, what’s important to us, and interpret and translate the legal issues in that light because external counsel don’t know your company intimately and they can’t do that for you.”
- Editor's Box
It’s not often that speakers at a conference are given so much real-time content to fuel their PowerPoint presentation but lately anyone speaking to the issue of anti-corruption and compliance need only turn to the daily news to spice up their slides. That was certainly the case at an anti-corruption conference held in Toronto recently when speakers practically tripped over new fodder as they left their hotel rooms thanks to the continuing saga of the SNC-Lavalin bribery scandal.
- In Closing
- Cover Story
- Professional Profile
Ernest Tuckett doesn’t mince words when asked how he feels diversity should be addressed in the legal profession. Tuckett is a strong advocate for promoting minorities and believes there has to be some form of consequence to get outside law firms to respond effectively. “I definitely think the carrot-and-stick approach is needed in the legal profession,” says Tuckett, who became the new general counsel for DuPont Canada last June after working for the company in the United States. “We can get the most with the carrot and show how serious we are about diversity when we make some hiring decisions based on how folks perform in that area. Certainly that’s the case in the U.S. and from what I’ve seen in Canada it could be helpful here as well. I understand the dynamics are different in the states — we can and do track numbers — whereas in Canada it seems to be mostly self-reporting.”