Challenges and opportunities for corporate counsel in a distressed market

Abstract

Current stresses in markets and the daily industry and worldwide financial developments generated by such stresses raise specific challenges for corporate counsel which I have attempted to detail below in an inclusive albeit not comprehensive list. While the range of challenges may at first appear daunting, opportunities arise for in-house counsel to gain from awareness of and success at meeting those challenges. Furthermore, as will be seen later, many of the challenges arise due to a new intensity of focus on particular areas fuelled by market conditions rather than a necessity to grapple with new areas of learning.