Corporate Counsel: The Legal Department as Economic Development Engine

Originally Published in Corporate Counsel | December 9, 2013 | By Sue Reisinger

Each time general counsel Mark Smolik’s company wants to create new jobs or open new operations, his legal department takes the lead in approaching and negotiating with local governments on economic development incentives.

Why? Because, Smolik said, in 2013 his 50-person department earned more money than it spent by garnering tax savings or government grants.

See full article here.