In this installment of The In-House Advisor, we interview Stacey Constas, Senior Corporate Attorney / Corporate Governance Officer at Standex International Corporation, a global manufacturer of industrial components and food service equipment, trading on the NYSE. In addition to serving as the Chief Governance Officer, Stacey manages all employment, product liability, litigation and environmental compliance for the corporation. She also is a corporate generalist, conducting acquisitions and divestitures, and assisting business divisions with a wide variety of commercial, contractual and legal issues.… Keep reading
Because the role of most in-house counsel goes well beyond that of providing legal advice, whether communications with in-house counsel are privileged is a much more nuanced issue than it is with respect to communications with outside counsel.
General Principles Applicable to all Claims of the Privilege
1. Not all communications with attorneys are privileged; only communications for the purpose of obtaining legal advice are privileged. Thus, even conversations between a CEO and his or her General Counsel about the most sensitive and confidential aspects of their business are subject to disclosure unless they are for the purpose of obtaining legal advice.… Keep reading