The Strategic Role of Lawyers in Corporate Decision-Making

Corporate attorney Alba Malagón was interviewed by Portafolio about the strategic role of lawyers in the business environment beyond legal compliance. She emphasized that their involvement in board and shareholder meetings is vital for addressing concerns, proposing improvements and ensuring informed and efficient decision-making that ultimately strengthens corporate governance and sustainability. Ms. Malagón also pointed out the importance of developing good governance tools to prevent and resolve conflicts effectively.

"It's important to recognize that by the time decisions reach shareholders or partners, a lot of groundwork has already been done by management. However, the support of lawyers both before and during meetings is crucial to enhancing the effectiveness of discussions and addressing concerns swiftly," she said.

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