Legal concerns are not a corporate core function at the top of LGE

This enormous multinational, with revenue of $104 billion, operates globally in consumer electronics, mobile communications, home appliances, chemicals and more, according to strat.+bus, Summer 2011 at 44. Even so, “the corporate core limits its voice to brand-building, R&D expenditures, high-level human resources decisions, and capital investments.” Not a word at the top level about legal risks or litigation. Those concerns of lawyers, apparently, aren’t “core.”

LGE has plenty of lawyers in its many business units, but at the very top, other concerns are more important (See my post of July 15, 2010: efficiency moves of 5 lawyers at $6 billion US manufacturing arm; Aug. 22, 2010: contracts management at LGE US; and Aug. 25, 2010: more LGE legal practices.).