UPGRADATION IN LEGAL ASPECTS OF BUSINESS
CEO Insights|February 2023
Abhijit has done Graduations in Commerce (Honours) and Law from India and the UK. He is a qualified Company Secretary from India and Chartered Secretary from the UK and is a Fellow Member of The Institute of Company Secretaries of India and The Institute of Chartered Secretaries and Administrators.
Abhijit Mukhopadhyay
UPGRADATION IN LEGAL ASPECTS OF BUSINESS

How has the role of the general counsels and legal department changed from the past three to four years? What are they doing differently today? 

The role of GCs and legal departments has undergone a complete transformation in the last two decades not only in India but across the globe. This is because the expectations of businesses have seen a complete change. Today’s GCs are expected to be knowledgeable in legal disciplines and business savvy. They are expected to contribute positively towards the development and expansion of the business. Besides, today’s GCs and legal departments are also expected to develop professional skills and knowledge in the newer areas of law and to act as mentors to young professionals, retention of whom has become a challenge. Expectations from today’s GC and legal departments are that of a business manager who understands the business and the problems/issues surrounding as also to assist the business to resolve challenges. Gone are the days when the legal department did not hold any accountability to resolve complexities and challenges in a business especially from the legal point of view. 

According to you, what are the potential risk management skills companies should develop considering the changes in law or political situations that may pose future legal uncertainty?

This story is from the February 2023 edition of CEO Insights.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the February 2023 edition of CEO Insights.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM CEO INSIGHTSView All
Need For Emotional Intelligence In 2024
CEO Insights

Need For Emotional Intelligence In 2024

The performance of employees is often evaluated by leaders based on efficiency and timeliness, but these criteria can hinder long-term growth and productivity.

time-read
4 mins  |
September 2024
SRIRAM TANINKI
CEO Insights

SRIRAM TANINKI

REDEFINING SUCCESS IN INDIA'S FINANCE SECTOR THROUGH ENTREPRENEURSHIP VISIONARY LEADERSHIP

time-read
3 mins  |
September 2024
NIP THE RISING BURDEN OF CANCER WITH EARLY GRASSROOT LEVEL INTERVENTION
CEO Insights

NIP THE RISING BURDEN OF CANCER WITH EARLY GRASSROOT LEVEL INTERVENTION

Raj Gore is the Chief Executive Officer (CEO) of Healthcare Global Enterprise (HCG).

time-read
4 mins  |
September 2024
TECHNOLOGICAL INNOVATIONS TRANSFORMING THE INDIAN HEALTHCARE SECTOR
CEO Insights

TECHNOLOGICAL INNOVATIONS TRANSFORMING THE INDIAN HEALTHCARE SECTOR

In the wake of technology, the world witnessed many changes in the business ecosystem.

time-read
3 mins  |
September 2024
SARVPRIYA SRIVASTAVA
CEO Insights

SARVPRIYA SRIVASTAVA

A SERIAL ENTREPRENEUR, WITH A CIVIC MINDSET

time-read
4 mins  |
September 2024
REVOLUTIONIZING LIBRARIES: A TECHINFUSED JOURNEY IN THE DIGITAL AGE
CEO Insights

REVOLUTIONIZING LIBRARIES: A TECHINFUSED JOURNEY IN THE DIGITAL AGE

Amandeep, an MBA graduate brings over 26 years of expertise to his role. Leading global sales, supply chain, technology, and partnerships at Baker & Taylor, he oversees P&L and directs global product engineering and international operations with a focus on innovation and strategic growth.

time-read
4 mins  |
September 2024
PREKHAR CHUGH
CEO Insights

PREKHAR CHUGH

AVANT-GARDE LEADERSHIP IN SCULPTING INDUSTRIAL FUTURISM

time-read
4 mins  |
September 2024
INDIA'S PRIVATE CREDIT LANDSCAPE: OPPORTUNITIES & GROWTH TRAJECTORY
CEO Insights

INDIA'S PRIVATE CREDIT LANDSCAPE: OPPORTUNITIES & GROWTH TRAJECTORY

With over two decades of expertise in financial services, Vineet specializes in debt capital markets, credit, financial inclusion, and asset management.

time-read
5 mins  |
September 2024
ARVIND CHOUDHARY
CEO Insights

ARVIND CHOUDHARY

A MODERN-AGE LEADER LEVERAGING STRONG BUSINESS ACUMEN TO DRIVE ORGANIZATIONAL GROWTH

time-read
4 mins  |
September 2024
THE POWER OF PRECISION: HOW WAREHOUSE MANAGEMENT SYSTEMS REDEFINE INVENTORY CONTROL
CEO Insights

THE POWER OF PRECISION: HOW WAREHOUSE MANAGEMENT SYSTEMS REDEFINE INVENTORY CONTROL

With over two decades of experience, Dinesh spearheads cross-functional initiatives in customer relationship management. Since 2000, he has played a pivotal role at BCI, contributing significantly to shaping and executing key business growth strategies and policies.

time-read
3 mins  |
September 2024