Perspectives: Louise Pentland, PayPal

As GC of Nokia during the complex carve-out and sale of its handsets division to Microsoft, Louise Pentland refined her leadership skills at the sharp end. An early exposure to a formal in-house training programme was, she says, vital preparation for a senior role. ‘I was lucky because I joined Nokia at a very early stage in my career and their internal training is all around being the best you can be, developing networks, and getting results without trampling on people.’

Since that time, says Pentland, a growing skills gap between in-house and private practice has made structured training even more necessary. ‘Companies are more flexible in their understanding of the role of corporate counsel and lawyers are more willing to step across boundaries. It’s a far better situation from a career development and employee retention point of view but it means in-house lawyers need leadership skills and GCs need to ensure staff have those skills.’ Continue reading “Perspectives: Louise Pentland, PayPal”

Perspectives: Penny Dudley, Bupa

When Penny Dudley, former legal director of Bupa’s international health insurance division, was asked to move into the chief legal officer role earlier this year, it was an opportunity to reflect on the importance of non-legal skills. ‘We have a strong focus on leadership at Bupa at all senior levels, but it’s a big step when you go from one part of a business to overseeing the entire group. It brought it home that you need to make sure in-house lawyers have these skills at an early stage. It’s a bit late to start investing in leadership once you’ve put someone on the executive committee.’ Continue reading “Perspectives: Penny Dudley, Bupa”

Perspectives: Maria Varsellona, Nokia

Nokia’s transformation over the last few years has tested the leadership skills of all function heads. In April 2014 it completed the $7.2bn sale of its handsets business to Microsoft, and by January 2016 its $16.6bn acquisition of Alcatel-Lucent was in place, cementing its transition from a large phone producer to an even larger networking and IT business.

In spite of the changes, core elements of Nokia remain in place, including its respected learning and development centre, the Nokia Academy. A group-wide emphasis on training, says Maria Varsellona, who joined Nokia Solutions as general counsel in 2013 and was promoted to chief legal officer of the wider Nokia group a year later, is at the heart of running a successful legal function. Continue reading “Perspectives: Maria Varsellona, Nokia”

LB100 Focus: Don’t look back in anger: Ashurst leadership tries to rally partners but the drift continues

Five years on from its controversial Australian combination – and after a punishing 2015/16 – the storied City firm is still far from finding the form it needs in a competitive global market

‘We had known that the firm had been struggling for a while but we didn’t know, and certainly weren’t expecting, a 20% decrease to our [profit per equity partner] PEP,’ a recent Ashurst leaver tells Legal Business.

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Brexit: a pragmatic position for the worried managing partner

Theresa May’s claim from the distant history of July that ‘Brexit means Brexit’ has already become famous for answering nothing about the uncertainties facing the UK other than the government proposes to ultimately leave the EU.

Welcome to the uncharted waters of modern British politics – a claim often made but usually untrue. I don’t even follow the logic of those claiming Brexit is inevitable – you can as easily imagine an EU departure abandoned entirely as ending up with a hardline exit. There is nothing binding about the mandate – the public has had their say, but probably not their final say. No commitments – including indications from Downing Street that article 50 will not be triggered until well into 2017 – clear up the point.

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No more Taylor Who? Flair and a bit of vision take Taylor Wessing to next step but what now?

Matthew Field and Victoria Young talk to Taylor Wessing head Tim Eyles and assess the firm’s prospects

‘When Tim Eyles took over there was a sea change,’ says one Taylor Wessing partner of their firm’s high-profile UK managing partner. ‘What you need as a leader is clear vision and Tim’s vision of how important it is to be global and focused and to have a culture that recognises achievement is key.’

Continue reading “No more Taylor Who? Flair and a bit of vision take Taylor Wessing to next step but what now?”

Keep calm and… The GC guide to handling a crisis

Cyber attacks, corporate scandals, environmental disaster… just some of the threats businesses face as they go global. Legal Business asks leading GCs how to handle – and avoid – a crisis.

 

‘I’ve dealt with many crises… government investigations, data privacy breaches, pollution… they’re all nauseating. Your gut churns when you get that call and know the next few weeks or even years are going to be tough.’
Bjarne Tellmann, general counsel, Pearson

‘What happened to Lehman Brothers? And to Bear Stearns? I’m not sure even the people at Lehman or Bear Stearns could tell you. The only certainty is the fourth and fifth largest investment banks in the US are no longer. And that it happened with breathtaking speed.’
Peter Beshar, general counsel, Marsh & McLennan

 

 


 

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