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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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."

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.

The CLO typically reports directly to the CEO.

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