
When you title a panel discussion “War Stories” and it involves general counsel for leading global corporations, you know the insights into the legal industry will be valuable.
Attendees got their money’s worth at the Hispanic National Bar Association’s 2010 Annual Convention: “El Futuro Sin Límite/Future Without Limits” in Minneapolis on Sept. 10., in a discussion with GCs from Thomson Reuters, Cargill, Target and Walmart.
The panelists were asked about the trends they were paying attention to the most in their work. All agreed that the work is changing, and it’s leading inhouse counsel to take on a more visible role in their businesses.
“I think we all can agree that the public, in America and globally, has a certain skepticism about business so we’re seeing an environment of increasing regulation, specifically greater enforcement of existing laws and public scrutiny from the media of the actions that companies do,” said Deirdre Stanley, executive vice president and general counsel, for Thomson Reuters. “As those laws become greater, the inhouse counsel becomes more relevant as part of the overall strategy of the company. I think we’ll actually see a rise in the numbers in legal departments as well as relevance.” (Hear Stanley discuss that trend further in this video).

(Deirdre Stanley)
Stanley’s theme was picked up by Samuel M. Reeves, senior vice president and general counsel for Walmart.
“The lawyers have a seat at the table starting with the strategy of the business and it hasn’t always been that way,” Reeves said. “It’s getting into the room, pulling up to the table and then being invited up to the table – which is occurring more and more often – and seeing the clients really appreciate that and appreciate the value you bring as they’re trying to implement their strategy.”
The HNBA Conference panel was moderated by Roderick (Rick) Palmore, executive vice president, general counsel, chief compliance & risk management officer, and secretary at General Mills.
Stanley and Reeves were joined on the panel by Jim Rowader, vice president & general counsel, Employee and Labor Relations at the Target Corporation, and Steven Euller, vice president, general counsel and corporate secretary at Cargill, Inc.