Two out of three general counsel (or chief legal officers) who responded to last year’s benchmark survey by ALM Intelligence also serve as their company’s Corporate Secretary. That is, of 80 respondents, 58 held the dual title and 21 did not. This finding leads me to speculate that privately held companies, without stock traded publicly, may be less likely to bestow the Corporate Secretary title on the top lawyer, although they still have a Board of Directors and obligations to it.
To learn more about the Law Department Metrics Benchmark Survey of ALM Legal Intelligence, click here for ALM’s website.