Maureen McGirr, Vice President, Office of Ethics, Merck, discussed ethics, culture and values and their impact on today's organizations during her keynote address to Argyle's CLO membership at the 2017 Chief Legal Officer Leadership Forum in Washington D.C. on June 20.
"Anything that is going to involve accepting a tiny bit of risk for less cost is always going to come from your side and not from the advice of your outside counsel. So I would just encourage you to discuss with your counsel whether the many dollars that are going into avoiding ever producing a privileged document is money well spent."
"I think we really feel like people engaged in this. They're the people you want, the people out there going through all the problems. ... Not people, when you retire, on the one hand you theoretically have more time to devote to your board. On the other hand, maybe not; maybe you’re not that interested. Maybe you’re only getting prepared two days before. We preferred the active over the retired."