The Japan In-House Lawyers Association (JILA), Daini Tokyo Bar Association and the Japan Association for Chief Legal Officers (JACLO) have organised a joint webinar to address how in-house legal departments and external legal resources, including outside officers and external counsel, can collaborate to create a stronger legal department.
According to the JILA, choosing the right person to be legal manager and chief legal officer of a company is crucial to building a strong corporate legal department. Outside officers – who comprise outside directors and auditors as provided for in the Japanese Companies Act, 2005 – are expected to monitor corporate legal risks and support the legal department with respect to its governance and compliance activities, while external lawyers are also expected to support such activities. However, many companies struggle to find the optimal method of sharing information or correspondence between internal legal departments and outside officers.
The 29 September event discussed these issues and other important topics including strengthening the function and activities of the legal department and increasing corporate value, especially to meet increasing demands for governance and compliance.
The speakers at the webinar included Eiji Ishida, vice chairman of Daini Tokyo Bar Association, and Katsuya Natori, director of the JACLO. Panellists at the webinar panel discussion included: Hideyuki Kiuchi, head of legal at Casio Computer; Yutaka Nakamura, chief legal officer at Asurion Japan Holdings; Yoshihiko Fuchibe, attorney-at-law with Venture Lab Law Office; and Mariko Mimura, of counsel at Nishimura & Asahi. The panel discussion was moderated by Toshiya Yukimura, partner at Tokyo Marunouchi Law Offices and a member of Daini-Tokyo Bar Association.