Today’s volatile economic environment presents general counsel with an unprecedented amount of corporate risk. The increasing frequency of data breaches, FCPA violations, IP claims and everything in between underscores the growing importance of a general counsel’s ability to navigate the complicated landscape of crisis management swiftly and adeptly. While every crisis is unique and each response must be precisely tailored to the facts, any effective crisis-management plan must include a competent team, clearly defined roles and responsibilities, and continuing post-crisis communication. Below are three steps to help guide general counsel through virtually any corporate crisis.
1. Build the right team before a crisis