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Features

Dec. 1, 2011

Educating Tomorrow's GCs

Stanford University’s innovative class for law and business students uses crisis management scenarios to hone the skills of would-be corporate counsel.

Mark A. Belnick began his guest lecture at Stanford Law School with a cautionary tale, recounting events leading to his indictment as general counsel of Tyco International in 2002. To a rapt class of some three dozen upper-level Stanford business and law school students, he described how his attempt to satisfy both his ethical duties as a lawyer and the demands of the CEO ended badly.

In 1999, for instance, Belnick pushed for full disclosure when the Securities and Exchange ...

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