GC Magazine’s Winter/Spring 2020 issue features an instructional discussion about the role mediation plays in mitigating the effects of the COVID-19 crisis on businesses, the courts and the economy – as well as the opportunity it provides for in-house counsel to add value to their companies.
If I put my in-house counsel hat back on and look at what is happening within companies at the moment and particularly in the aviation and aerospace industries (where I come from), it’s quite frightening. Airbus last week said they’re in survival mode and are burning through cash at an enormous rate and I think right across the chain of contracts, you will find that many companies are currently stressed, so the emphasis right now for in house counsel is going to be on survival. What is it that we have to be doing right now from a legal perspective to ensure that our company can get through this?
Go here to read the full discussion.