Credit Details
Credit Hours:
1.00
Specialty Area:
None
Credit Type:
Legal Ethics
Original Air Date:
October 23, 2024
Credit Eligible In:
California
$45
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Lawyers frequently serve on the boards of both nonprofit and for-profit organizations, leveraging their expertise and experience to provide valuable insights. However, it is crucial to distinguish the role of a board member from that of legal counsel. This CLE is designed to elucidate the distinctions between these roles and guide lawyers on how to clearly define their position within an organization from the outset.
We will explore the ethical considerations unique to lawyers serving as board members, with a focus on identifying and managing potential conflicts of interest. The CLE will cover the legal structures of nonprofit and for-profit entities, highlighting key governance issues and fiduciary duties.
Additionally, the CLE will emphasize the importance of indemnification and insurance in protecting board members from liability. Attendees will learn how to conduct thorough compliance and due diligence assessments before accepting a board position.
This comprehensive program is invaluable for lawyers who have been invited to join a board or those contemplating such a role, providing them with the knowledge to understand potential risks and fulfill their duties effectively as both board members and legal professionals.
Nikki Semanchik is the Founding Attorney of Semanchik Law Group, Inc., a business and nonproft law frm located in San Diego, California. Nikki specializes in the representation of tax-exempt organizations including public charities, private foundations and religious organizations. In addition to her nonproft practice, Nikki also represents for proft businesses and startups. As outside general counsel for businesses and nonprofts, Nikki is able to help entrepreneurs and philanthropists bring their vision to life. Nikki is passionate about nonproft law and enjoys teaching other attorneys and nonprofts about the unique legal issues that nonprofts face.
Watch any CLE and your certificate is automatically emailed to you within minutes and is also stored in your BHBA+ profile for easy access. Login to BHBA+ and effortlessly visualize your CLE credits, monitor deadlines, and stay ahead of your compliance requirements with our intuitive progress tracking. Stream all CLEs on your phone, tablet, and computer when and where they fit your schedule.
This program is free for members at the Sustainer or higher level and OnDemand subscribers. Economy members pay the full rate. Join first, then login to BHBA+ to access this program.
Watch any CLE and your certificate is automatically emailed to you within minutes and is also stored in your BHBA+ profile for easy access. Login to BHBA+ and effortlessly visualize your CLE credits, monitor deadlines, and stay ahead of your compliance requirements with our intuitive progress tracking. Stream all CLEs on your phone, tablet, and computer when and where they fit your schedule.
Live Webinars are free for all members. OnDemand is free for members at the Sustainer or higher level. Economy members pay the full rate.
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