Chief Legal Officer - CLO

Filed Under »
Dictionary Says

Definition of 'Chief Legal Officer - CLO'

A publicly traded company's most powerful legal executive. The Chief Legal Officer (CLO) is an expert and leader who helps the company minimize its legal risks by advising the company's other officers and board members on any major legal and regulatory issues the company confronts, such as litigation risks. The CLO may also be a member of the company's operating committee and is overseen by the CEO. The CLO oversees the company's in-house attorneys.
Investopedia Says

Investopedia explains 'Chief Legal Officer - CLO'

When a large, publicly traded company hires a new CLO, it will make the news, just as the hiring of a new COO or CFO would. A CLO typically has more than a decade of legal experience; positions a CLO might hold prior to becoming an executive include Head of Legal, First General Counsel and firm partner.

Sign Up For Term of the Day!

Try Our Stock Simulator!

Test your trading skills!

Related Definitions

  1. Chief Executive Officer - CEO

    The highest ...

  2. Chief Financial Officer - CFO

    The senior ...

  3. C-Suite

    A widely-used ...

  4. Chief Investment Officer - CIO

    The executive ...

  5. Chief Operating Officer - COO

    The senior ...

  6. Muppet Bait

    Naive investors ...

  7. Corporate Cannibalism

    An act of ...

  8. Agency Theory

    A supposition ...

  9. Enduring Purpose

    A public ...

  10. Triple Bottom Line

    A phrase coined ...

Articles Of Interest

  1. 8 Ethical Guidelines For Brokers

    We examine the less obvious ethical dangers faced by a broker, and help you avoid trouble in ethical gray zones.

  2. Don't Get Sued: 5 Tips To Protect Your Small Business

    Find out what you can do to limit risk and keep your business running smoothly.

  3. Moral Hazards: A Bump In The Contract Road

    Learn how this phenomenon can cause a party in an agreement to behave differently than expected.

  4. 10 Legal Business Practices Of Dubious Ethics

    Being aware of these unscrupulous methods can help you avoid them as best you can.

  5. Employees Vs. Investors

    Who is more important to the CEO and a company's bottom line? Is it employees or company shareholders?

  6. Top Job Search Mistakes For Finance Grads

    Looking to land your dream job? Skip the entry-level position by avoiding these common errors.

  7. How To Land A Finance Job With A Bachelor's Degree

    Following these five tips will keep your resume out of the recycling bin.

  8. How To Improve Your Leadership Skills

    Being a leader can help you in your career. Here are some tips for improving your leadership skills.

  9. Management Advice From Megalomaniacs, Villains and Innovators

    These historical figures were succesful managers. Here is how you can implement the same tactics they used - good and bad.

  10. The Flow Of Company Information

    Learn how to gather all the pieces before you start to put together your puzzle.
Sponsored links

comments powered by Disqus
Hot Definitions

  1. Love Money

  2. Shark Watcher

  3. Judo Business Strategy

  4. Dogs Of The Dow

  5. Chinese Hedge

  6. X-Mark Signature

Recommended
Loading, please wait...
See More »
Trading Center