Canadian Lawyer InHouse

www.canadianlawyermag.com/inhouse 45 New Edition Corporate Governance for Directors Carol Hansell, B.A., M.A., LL.B., M.B.A. Thousands of directors have relied on What Directors Need to Know: Corporate GovernanceUIF¾STU edition of this book. Now, the thoroughly updated Corporate Governance for Directors addresses the current issues facing directors. Corporate Governance for Directors taps into some of the best practices in corporate governance from across Canada and the U.S. to fully explain: • The basics of being a director • The relationship between the board and management • The governance rights of shareholders and their relationship with the Board • Management structure and roles • 4QFDJ¾DJTTVFTGPS$SPXODPSQPSBUJPOTBOEOPUGPS QSP¾UDPSQPSBUJPOT • Distinctions between Canadian and U.S. law and practice • The evolution of governance in Canada • Current issues such as climate change, privacy, cybersecurity risks, diversity issues, and the #metoo movement – a SFRVJSFNFOUGPSXFMMJOGPSNFEEFDJTJPONBLJOH In a "Cases and Crises" section, this edition also catalogues 30 of the most important governance events in Canada in the last 15 years. Creating value with effective corporate governance Available risk-free for 30 days Online: store.thomsonreuters.ca $BMM5PMM'SFF *O5PSPOUP Order # L7798-9162 $96* 4PGUDPWFS0DUPCFS approx. 250 pages *Effective September 3, 2019, our pricing has been adjusted to include shipping and handling. Price(s) subject to change without notice and subject to applicable taxes. 5IPNTPO3FVUFST$BOBEB-JNJUFE 53/. NEW As for compliance and regulatory matters, Nguyen believes it can be a challenge for GCs to know whether or not they are compliant, so seeking outside help is often advantageous in such issues. "The breadth of the environment in which we operate from a regulatory aspect is increasingly large because more organi- zations are global," he says. "We're worriers by nature and there may be jurisdictions in which we operate that we may not be familiar with." While 42.34 per cent of respondents say they work 35 to 40 hours a week, 36.69 per cent work 46 to 50 hours per week, and most of the remainder work even longer hours. O'Reilly, Nguyen and Demone are all surprised by the results. "I would expect a considerably larger number of people working longer hours," says O'Reilly. Demone agrees, saying she would be shocked if any GCs are working less than 45 or 50 hours a week. However, with the current climate for flexible working, Demone questions what people consider to be work. "I may not be in the office more than 40 hours a week, but I certainly work more than 40 hours. I'm sending out emails before I leave for work in the morning or late in the evening," she says. Nguyen adds that senior staff who work di- rectly with the CEO are expected to be available 24/7. Business is expected to boom with 59.85 per cent of respondents anticipating an upswing in the volume of legal work carried out by their legal department and external counsel combined during the next year. "The industry is changing and there are less standard template type answers that we're able to dole out as compared to before," says Demone. "More creative solutioning and outside-the-box thinking is needed, and that means the amount of work we have to spend time on has gone up."

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