Reacting to Global Changes in the Market from the GC’s Office

An exclusive online discussion for General Counsels in North America.

Reacting to Global Changes in the Market from the GC’s Office

The last few months of unforeseen disruptions in the business world have forced many employers to make difficult decisions about hiring, layoffs, furloughs, and compensation.

The unprecedented nature of this crisis has also failed to provide GC’s and Deputy GC’s with clear guidelines around the legitimacy of employment termination, as well as raised many questions on how to carry out a Business Continuity Plan (BCP) effectively. As a result, more and more businesses are seeking professional legal advice to assess their risks and receive assistance in matters such as Force Majeure applicability.

• How are organisations’ legal departments responding to their need for workforce reduction? Do they have clear BSP objectives?
• What strategy did GC’s employ to effectively assist business leaders in their questions around termination?
• Did GC’s need to outsource contract termination to a consulting firm? How did they deal with the gray area of legitimacy regarding termination in a global health crisis?