New Practical Law In-house resource, Practice note, Serving as director or officer: considerations for in-house lawyers
This resource provides an overview of the key issues that in-house lawyers should consider before agreeing to serve as director or officer or office holder of their corporate client. It explains the circumstances in which an in-house lawyer may inadvertently become a director or officer and provides practical strategies to avoid assuming a dual role.
While this note focuses on the responsibilities of company directors and officers in a public company, it is also broadly applicable to directors and officers of privately held companies.
For more information on the issues facing in-house lawyers serving a dual role as a company secretary, see Practice note, Serving as company secretary: considerations for in-house lawyers on Practical Law Australia's In-house resource centre.