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The Global Legal Post timeline: ESG and the law
30 March 2021
How law firms and their clients are responding to the environmental, social and governance movement
Shutterstock; John Gomez Wall Street M&A powerhouse Wachtell Lipton Rosen & Katz is not known for making senior lateral hires. Last April, however, it made an important exception, bringing on board as a consultant Leo Strine, the former Delaware chief justice and a leading proponent of governance reform. “As a judge, he said, “I thought the importance of corporations in our society could not be measured by their stock price, and that it was critical to our nation’s well-being that powerful businesses treat their workers and consumers well, support the communities in which they operate, and focus on environmentally responsible, sustainable wealth creation.”