Karl Moore has written this useful piece:
How many consiglieri are there in Montreal’s top law firms? Before a couple of speeches to top Canadian law firms, this was the question I asked twenty CEOs and CLOs. By consigliere, I meant lawyers that CEOs could goto for wise advise about their businesses, beyond that of solely a legal perspective. From all of the top Montreal law firms, 10 consiglieri was the highest answer I received. I found this a surprisingly small number. If you are a CEO, you would like your CLO to be an advisor of this caliber. Closer to home, we would like to think about a question that every CEO should consider. What makes a great CLO, from a CEO’s viewpoint?
This week’s column is written with Josée Gravel, a McGill MBA who spent 12 years as a partner at Stikeman Elliot, a top Canadian law firm, and who spent the last decade as CLO of GE Capital Canada.