New York


Hong Kong

UK Boards are criticised for being drawn from a narrow pool of individuals who hold, or have previously held, senior executive positions – most commonly CEO and CFO roles. In this report, we examine why there are currently so few NEDs with legal backgrounds in the UK despite this being an aspiration for many in the profession. We also assess the arguments for increasing lawyers’ presence on Boards and analyse the critical Boardroom skills they will need to contribute at the highest level. Hedley May sought the views of more than 70 Chairmen and NEDs of FTSE 350 companies through face-to-face interviews and an online survey. We also interviewed a number of leading Company Secretaries to gain an additional perspective from their experience.