GC Perspectives - Getting value from consultants
Vol. 1 - Iss. 4 pp. 57–59
By definition, general counsel (GCs) offer advice on matters that go beyond the law - you could even say that they offer strategic counsel more akin to a strategy consultant than a member of the legal profession. Perhaps this is the reason why so few GCs purchase advice from strategy or management consultants. In some cases they find themselves being part of a full back-office strategic and organisation design project that feels foisted on them by their CEO in pursuit of ever-elusive efficiencies. These projects, in turn, make a GC feel uncomfortable because the people at Boston Consulting Group, McKinsey, Bain or the Big 4 are not, after all, in-house lawyers so how can they really understand the legal function?