Tasked with managing the legal and ethical complexities related to growing their businesses, the role of the chief legal officer (CLO) continues to evolve. Today, CLOs frequently serve as key members of senior management teams, sharing responsibility for the development of business strategies that support overall growth. It is not uncommon to find the CLO directly involved in decision-making regarding evaluating new business opportunities, budgeting, hiring practices, technology, process management and change management.
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