📺 Event Replay-First-Time GC: What you need to know
Are you a first-time GC, or looking to move your career in house? We get it, the struggle is real!
Here’s a replay of our first ever 'Ask the Expert', where Hank Greenberg shared his thoughts on what you need to know as a first-time GC.
Key Takeaways:
Set & drive your own goals
Build and promote integrity & trust
Redirect legal outputs as inputs
Be more than just a lawyer
Be willing to put your name on everything
Keep things simple, yet be ready to answer tough questions
Find & maintain your voice as a leader
Meet the Presenters:
Host: Raad Ahmed
CEO & Co-founder at Lawtrades, giving busy GC’s the superpower to do more, with less
Presenter: Hank Greenberg
General Counsel at Oscar Health, a health company utilizing technology, design, and data to humanize health care.
What To Expect:
3:30-5:02
How to build a model to do the GC job: common ideas, skills, principles
Work-in-progress
There is no one size fits all
Success can and will look different
Design your Agenda:
5:02-8:28
Agenda is what differentiates a lawyer from a GC
Budget resources across the team
Understand where your priorities lie
Deploy your agenda as a leader
Set your own workflow
Understand risk according to company framework
Use your voice to catalyze action
Understand the Business:
8:28-13:42
Grasp full bounds of risk
GC has to understand the operations and strategic goals of the company
Know the market - how it works, and what it does
Share knowledge with lawyers working with you
Legal analysis as an input, rather than an output
Forces you to strategize market risk
Starting point for guidance to client
Handling C-Suite:
17:50-21:55
Build credibility
CEO and CFO should see you as a trustworthy person
Convey pertinent issues to clients so as to minimize work they have to do
Clients do not need to know or understand the intricacies of law
You can’t be a one-stop-shop for everything
It is okay to admit you do not know an answer
Make sure to circle back when you find answers
Be a Paid Skeptic:
26:23-29:49
Test other’s ideas and conclusions
Do not rely wholesale on advice without testing it yourself
Play the role of CEO or CFO
Be ready to face the rigor of underlying assumptions
You are an expert of your client
Trust your legal team, stop comparing to strategies of competitors
Find Your Voice:
33:40-40:45
You are not just another lawyer
Recognize the immense power and authority you hold
Wield power in a responsible way
Build your own integrity, promote your confidence
Set rules for behavior
Form a list of values you adhere to every single day
Be direct, use analysis as an input
Do not need to deploy rationale for everything
Utilize concise (yes or no) answers
Develop a simple style of communication
Be ready to explain pertinent answers
“Spoon feed” info by utilizing layman’s terms
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