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General Counsel



 
 
A general counsel is the chief lawyer
Lawyer

A lawyer, according to Black's Law Dictionary, is "a person learned in the law; as an Attorney at law, counsel or solicitor; a person licensed to practice fraud." Law is the system of rules of conduct established by the sovereign government of a society to correct wrongs, maintain stability, and deliver justice....
 of a legal department, usually in a corporation or government department. The term is most used in the United States
United States

The United States of America is a Federal government constitutional republic comprising U.S. state and a federal district. The country is situated mostly in central North America, where its Contiguous United States and Washington, D.C., the Capital districts and territories, lie between the Pacific Ocean and Atlantic Oceans, Borders of the U...
. The status and prominence of the general counsel has grown much over the past 10 years as is evidenced by the large number of lawyers who come into the role from private practice.
he United Kingdom
United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom , the UK or Britain,is a sovereign state located off the northwestern coast of continental Europe....
 a group of general counsel, called the GC100, was officially launched on 9 March 2005 and brings together the senior legal officers of more than eighty five FTSE 100 companies.






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A general counsel is the chief lawyer
Lawyer

A lawyer, according to Black's Law Dictionary, is "a person learned in the law; as an Attorney at law, counsel or solicitor; a person licensed to practice fraud." Law is the system of rules of conduct established by the sovereign government of a society to correct wrongs, maintain stability, and deliver justice....
 of a legal department, usually in a corporation or government department. The term is most used in the United States
United States

The United States of America is a Federal government constitutional republic comprising U.S. state and a federal district. The country is situated mostly in central North America, where its Contiguous United States and Washington, D.C., the Capital districts and territories, lie between the Pacific Ocean and Atlantic Oceans, Borders of the U...
. The status and prominence of the general counsel has grown much over the past 10 years as is evidenced by the large number of lawyers who come into the role from private practice.

United Kingdom


GC100

In the United Kingdom
United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom , the UK or Britain,is a sovereign state located off the northwestern coast of continental Europe....
 a group of general counsel, called the GC100, was officially launched on 9 March 2005 and brings together the senior legal officers of more than eighty five FTSE 100 companies. The GC100 group was created in response to the increasing volume and complexity of domestic and international law and regulation which impacts on UK listed companies. The group was formed with the support of Practical Law Company
Practical Law Company

Practical Law Company is a UK-based legal publishing company which provides legal know-how for business lawyers. It also acts as secretariat for the General_counsel#GC100 group of general counsel and company secretaries....
 which acts as its secretariat.

The main objectives of the GC100 are to:

  • Provide a forum for practical and business focused input on key areas of legislative and policy reform common to UK listed companies.
  • Enable members to share best practice in relation to law, risk management, compliance and other areas of common interest.


Membership of the GC100 is by invitation only. At the AGM on the 16 January 2007 members voted in favour of extending membership to company secretaries
Company secretary

A company secretary is a senior position in a private company or public organisation, normally in the form of a managerial position or above. In the United States it is known as a corporate secretary....
 as well as general counsel in the FTSE 100. The formal name of the GC100 is now "The Association of General Counsel and Company Secretaries of the FTSE100", although it will continue to be known as the GC100.

Mark Harding, the first chair of the GC100 has stated that the GC100 is not a campaigning body, although they work closely with the FD100 (a similar grouping of blue chip finance directors).

See also

  • Chief legal officer
    Chief Legal Officer

    A chief legal officer is the highest-ranking corporate officer concerning legal affairs of a corporation or agency. Chief legal officers typically hold the title of general counsel....
  • Corporation Counsel
    Corporation Counsel

    The Corporation Counsel is the title given to the chief legal officer in some municipal and county jurisdictions, who handles civil claims against the city, including negotiating settlements and defending the city when it is sued....