The role of the general counsel is “becoming bigger and bigger every day”. With corporate regulations focusing strictly on governance, law department leaders can and must be meeting the moment. In this episode of The Corporate Counsel Show, host Jerome Doraisamy speaks with Corrs Chambers Westgarth partners Abigail Gill and Sandy Mak about why ASIC is shining such a light on directors’ and officers’ duties, key takeaways and lessons arising from the recent proceedings involving The Star, and whether now is one the hardest times in living memory to be a general counsel. Ms Gill and Ms Mak also detail the ever-important need for proactive safeguarding of a business, the practical steps that can and must be taken, navigating the inherent practical challenges, the need for curiosity, managing the burden of competing urgent priorities, and best practice principles for law department leaders at this critical juncture.