How does a firm view being on a board of directors? Forum

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R2XvB

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How does a firm view being on a board of directors?

Post by R2XvB » Thu Feb 23, 2023 2:52 am

Would being a member of a local board of directors be viewed positively or negatively? On the one hand, the firm can view it as leadership and professional development. Or, they can view that the person is not committed to the view and too busy with outside activities.

Thoughts? Would this benefit someone or hurt them?

Sackboy

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Re: How does a firm view being on a board of directors?

Post by Sackboy » Thu Feb 23, 2023 3:13 am

Partners are on boards (for- and non-profit) all of the time, and associates are on junior boards of non-profits all of the time. Firm marketing departments love that shit.

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Re: How does a firm view being on a board of directors?

Post by Anonymous User » Thu Feb 23, 2023 11:43 am

Firms don't have a problem with it at all.

You will, however, probably need to disclose it for potential conflict reasons.

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