The most often-cited advantages of in-house practice include the opportunity to be involved in business decisions early in the process, to assist clients in risk management, and to answer to only one client. In short, we value being a member of the business team and as the saying goes, "membership has its privileges." But membership has a decidedly dark side: the potential to destroy the privileges we rely on to be effective advocates. Our panel will explore the peculiar challenges that in-house counsel face in asserting or preserving the attorney-client privilege. We'll cover the criteria for asserting the privilege, who holds the privilege, what actions have been found to uphold or destroy the privilege, how to manage client expectations, and more. When you leave, you'll be better able to identify trouble spots, counsel your client regarding privilege, and make informed decisions about when to draw the line between business and legal advice.