Christine Di Guglielmo
Christine Di Guglielmo
" Indispensable Counsel" suggests a new turn of this old phrase for corporate law practitioners, jurists, educators, students, and anyone interested to learn about this dynamic field of law: Authors E. Norman Veasey and Christine T. Di Guglielmo could have called their new phrase "Bring in the new, and build on the old.
Christine Di Guglielmo is an associate with Weil, Gotshal & Manges.
Before joining the firm, she served as Justice Veasey's judicial clerk and frequently writes with him today.
She is active on the Delaware Board on the Unauthorized Practice of Law, the Child Placement Review Board, and the Women and Law Section of the Delaware State Bar.
Ms. Di Guglielmo graduated from Brown (1998) and University of Pennsylvania Law School (2003, summa cum laude), where she served as executive editor of the Law Review.
What is this "New Reality," and how do America's CLOs and their staff attorneys function within it?
These are the larger questions discussed in this nicely written 217-page book, a volume based on exhaustive research, interviews of some 30 influential CLOs, and extensive hands-on experience in the world of corporate law.
The authors wisely lay no claim to all the answers.
After all, the New Reality is "perhaps in the eye of the beholder," since "the most vexing complications..." are not the same for all CLOs.
Chief Justice Veasey and Ms. Di Guglielmo do share with their readers what the New Reality is to them: first, the "dynamic escalation of the difficulties and tensions..." faced by today's CLOs; second, the "dramatic and on-going changes..." in the complexity of the business world; and, third, the "considerable impact of globalization on business realities."
and Ms. Di Guglielmo
capture what actually happens in the real world.
The new reality they see is the presence of strong CLOs who have the intellectual force and the persuasive power to convince the CEO to adopt a course that will avoid major compliance failures and similar disasters.
Their interviewees see the CLO as a "'bridge' - a 'diplomat' ... between management and the board..." one who "can play a unique role in facilitating the information flow between those groups.
Former Apple GC Daniel Cooperman suggests that "[a] very close relationship with members of the board is quite essential.... Of course... [the CEO has access to the board] as frequently as he