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CCCA_V4No4_ToC-FIN.qxd:CCCA_V1No2_ToC-V1.qxd 10/27/10 2:22 PM Page 3 CCCA CANADIAN CORPORATE COUNSEL ASSOCIATION ASSOCIATION CANADIENNE magazine DES CONSEILLERS (ÈRES) JURIDIQUES D’ENTREPRISES A CANADIAN BAR ASSOCIATION AFFILIATE AFFILIÉE À L’ASSOCIATION DU Table of Table of Contents Leading Corporate Counsel • Le conseiller juridique d’entreprise – Droit devant BARREAU CANADIEN WINTER 2010 HIVER Volume 4, No. 4 5 From the Editor: Good chemistry Getting the people part of the equation right. 7 From the President: The ties that bind The importance of building strong relationships. 9 From the Executive Director: Shared experiences The CCCA builds meaningful relationships with other corporate counsel associations around the world. 46 Deals & Developments A look at some of the deals, acquisitions and financings that took place over the last several months. 50 CCCA News: News and reports from the 2nd annual CCCA World Summit, as well as the CCCA’s new in-house counsel compensation and career survey. Features 20 20 Canada goes global As never before, Canadian corporate counsel are going global and 28 taking on some of the most high-ranking GC positions worldwide. By Bev Cline Cover photography by Justin Grant 28 Viva la revolución! Corporate counsel are taking advantage of a major shift in the balance of power with law firms. ByYves Faguy 34 Questions about privilege Different countries have different rules about privilege, which can create a number of headaches for in-house counsel. By Bev Cline 40 More than the chief lawyer Benjamin W. Heineman Jr., the former general counsel of General Electric, discusses high performance and high integrity. By Beverley Spencer Departments 10 Performance in the Law Department Best of Breed: Management practices from global legal departments. By Richard G. Stock 34 12 Ethics Should companies split the roles of the general counsel and the chief compliance officer? By Christa C.Wessel 16 Q&A Parag Khanna of the Global Governance Initiative talks about which emerging countries are playing the geopolitical marketplace to their advantage. ByYves Faguy 54 Closing the Deal Whatever its size, a proactive law department can add substantial value to its organization. By Daniel Desjardins Legal Updates 44 Exclusion clauses It’s do as the Supreme Court said, not as it did. 45 Shareholders rights plans New directions, but which way to go? 16 HIVER 2010 CCCA Canadian Corporate Counsel Association 3