Chief Legal Officer
From Wikipedia, the free encyclopedia
- For other uses, see CLO
A Chief Legal Officer (CLO) is the highest-ranking corporate officer concerning legal affairs of a corporation, or agency. A corporation is any company that has been incorporated, be it PLC, LTD or limited by guarantee.
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[edit] CLO
The CLO is responsible for all legal work of a company. This includes litigation, corporate secretary, lobbying and ethics but he can also play a leading role in corporate communications, corporate compliance and intellectual property strategy. Where a company has groups of lawyers reporting to a business unit, such as Nokia and its eight legal departments each headed by a "Vice President, Legal," then the company often distinguishes the top lawyer with the sobriquet "Chief Legal Officer."
[edit] Skill requirements
Qualified CLOs of corporations should have leadership skills and be able to act decisively regarding legal challenges that face a corporation. They typically report to the Board of Directors in the annual meeting.
[edit] Reporting structure
The CLO typically reports directly to the CEO.
[edit] See also
- Corporate officer
- Corporate title
- Chief administrative officer
- Chief financial officer
- Chief operating officer
- Chief analytics officer
- Chief information officer
- Chief networking officer
- Chief data officer
- Chief technical officer
- Chief technology officer
- Corporate governance
- Executive compensation
- Managing director
- General Counsel
