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Use experienced nonprofit counsel in CEO contract talks

Don’t use an attorney from the corporate world to negotiate an employment contract in the nonprofit space.Experts say it’s critical to be represented by attorneys experienced in the association sector when hashing out contract terms with volunteer leaders. Newly hired CEOs may have won the board’s confidence, but they can lose its goodwill by haggling too much or over the wrong things.“You want attorneys who are experienced in what can go wrong and how they go wrong in contract talks in the nonprofit sector,” said Jim Wilson, a partner at law firm Webster, Chamberlain & Bean. “It is its own unique space and the negotiations tend to go more smoothly” with experienced counsel.When he’s not… Read More