Michael W. Peregrine

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Michael W. Peregrine represents corporations (and their officers and directors) in connection with governance, corporate structure, fiduciary duties, officer-director liability issues, charitable trust law and corporate alliances. Michael is recognized as one of the leading national practitioners in corporate governance law. Read Michael W. Peregrine's full bio.

Women and the Pandemic Workplace: Corporate Leadership’s Important New Challenges


By on Nov 16, 2021
Posted In Employment, Labor

While a recent McKinsey and LeanIn.org women and the workplace study pointed to positive gains for women in corporate leadership roles in 2020, women continue to face substantial burdens in their careers. According to this Forbes article, McDermott Partner Michael Peregrine says such burdens pose a “significant threat to the economic and cultural health of...

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Corporate Governance and the Permanency of COVID-19


By on Oct 26, 2021
Posted In Employment

As COVID-19 becomes an endemic threat, corporate officers should accept the fact that the virus will be a permanent enterprise risk for the indefinite future. In this FT Specialist article, McDermott Partner Michael Peregrine says corporate boards should place their focus on business and operational challenges that result from the pandemic. These include: Enhanced workplace...

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Checklists for Your Board’s Executive Compensation Committee


By on Oct 21, 2021
Posted In Employment, Executive Compensation

What questions should a governing board’s executive compensation committee ask itself? According to this August 2021 e-book edited by McDermott Partner Michael Peregrine, committee members should regularly ask themselves questions about executive benefit programs, executive compensation programs, performance priorities and leadership development programs. Access the e-book (Page 10).

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The Questions Your Board’s Human Capital Committee Needs to Ask


By on Oct 12, 2021
Posted In Employee Benefits, Employment, Labor

What questions should a governing board’s human capital committee ask itself? According to this August 2021 e-book edited by McDermott Partner Michael Peregrine, committee members should regularly ask themselves questions about workforce strategy and engagement, outstanding litigation, talent pipeline and management strategy and human capital technology. Access the e-book (Page 8).

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A Tale of Two Workforces, and the Board’s Urgent Challenge


By on Aug 24, 2021
Posted In Employee Benefits, Employment

How should corporate boards respond to the Delta variant? In this Forbes article, McDermott’s Michael Peregrine argues that the way in which a board responds to the challenge may “well define its future credibility on workforce culture concerns.” “The new, Delta-prompted potential for intra-organizational clash is the latest and potentially one of the most significant...

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The Simple Question That Every Board Should Ask Its CEO This Week


By on Aug 10, 2021
Posted In Employee Benefits, Employment, Labor

As the Delta variant continues to spread across the United States, companies are once again having to make tough decisions. In this Forbes article, McDermott partner Michael Peregrine says corporate boards should ask their CEOs how they will respond to the pandemic’s latest development. “At a time when most businesses were aggressively moving forward with...

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Business Leaders Must Confront the Corporate Impact of the CDC Mask Controversy


By on Jun 17, 2021
Posted In Employee Benefits, Employment, Health and Welfare Plans

When the US Centers for Disease Control and Prevention (CDC) relaxed its mask guidance in May, the news caught many people—especially corporate America—off guard. In this Forbes article, McDermott partner Michael W. Peregrine argues that companies need to provide stakeholders with clear health and safety messaging in light of mandates from state and local governments....

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The Board’s Role in Preventing—and Extinguishing—Employee Burnout


By on Jun 3, 2021
Posted In Employee Benefits

One of the COVID-19 pandemic’s most insidious harms has been the impact on employee health, morale and productivity arising from the erosion of home/work boundaries. In this Forbes article, McDermott partner Michael W. Peregrine argues that the mitigation of such harms is a board’s business. Access the article.

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A Living Wage: The Latest ESG Challenge for Corporate Governance


By on May 7, 2021
Posted In Employee Benefits, Employment, Executive Compensation

Long considered controversial from economic and shareholder perspectives, living wage concepts are receiving more attention in the context of economic policy, social responsibility and ESG investing. As progressive perspectives concerning income equality, and executive and employee compensation, are becoming more mainstream, corporate leaders should prepare for greater engagement in this important conversation. Access the article

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The “Glass Cliff” Challenge for Corporate Governance


By on Mar 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....

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