The “Glass Cliff” Challenge for Corporate Governance

By on March 18, 2021
Posted In Employment, Labor

Most corporate directors are familiar with the term “glass ceiling”—as they should be. Fewer directors are familiar with the term “glass cliff”—but they should be. For their ability to recognize the distinction between the two, and respond to the related challenges, will be critical to a company’s efforts to assure gender equality within its workforce.

In a recent article for Forbes, McDermott partner Michael Peregrine outlines why corporate boards should team with management to ensure gender equality across the internal playing field.

Access the article.

Michael W. Peregrine
Michael W. Peregrine represents corporations, their boards of directors, and individual directors and officers in connection with the full range of governance, fiduciary duty, director liability and leadership issues. Much of Michael’s practice involves advising boards of directors on matters of sensitivity and controversy, often in connection with corporate and fiduciary crises. He is recognized as one of the leading national corporate governance counselors and is a respected interpreter of the law of fiduciary duties.Read Michael W. Peregrine's full bio.

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