We Excel at Building Diverse, High-Performing Boards.
Never have the stakeholder demands on boards been greater—from shareholders, employees, customers, regulators, proxy advisors, activist investors and the general public. Additionally, the dynamic nature of today’s capital markets, geopolitical events and technology advancement all point to the need for boards to reassess their current capabilities and focus on governance effectiveness and board refreshment. We are intimately familiar with the qualities new directors must embody to meet current boardroom demands and the expertise needed to enhance future board decisions.
We work collaboratively with board leadership, governance and nominating committees, CEOs, general counsel and senior leadership teams to build successful, enduring enterprises. We are deeply committed to accelerating diversity in executive leadership teams and in the boardroom—over 70% of our placements during the past seven years have been diverse.
Our Board Services team has a proven track record of assisting boards with:
Article
It is no secret that in the past many corporate boards did a less-than-sufficient job of onboarding directors. In the days when new board members were often known to one or more of the exist-ing directors, the lack of a well-designed onboarding process did not significantly impact the overall contribution of that individual. Informal networks would often fill the gap.
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Over the past 18 months, particularly amid the social and racial justice movements, one important impact in the corporate world is that companies have brought on more non-traditional, diverse candidates to their board of directors than ever before.
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It has been 53 years since The Equal Pay Act was introduced. However, PwC research reveals that nearly half (46%) of companies reported their pay gaps remained unchanged or even grew in the last year. The sad truth is that the generation of women born in 1970 have been failed by the intrinsic bias present from the start of their career.
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In the wake of the post-pandemic hiring surge many law associates are reevaluating their priorities, and with midsize City firms offering a better work-life balance, greater focus on team fit and opportunities for upward mobility, the traditional legal career path offered at BigLaw firms is no longer passing muster, says Ria Karnik at Major Lindsey.
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"As important as it is for in-house legal lawyers to play the role of experienced strategic adviser on implementing AI, for strictly regulated industries like pharmaceuticals, it is equally important to have a keen legal mind on the case to ensure that an AI transformation remains compliant," Jerry Temko explains in his new article.
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