In the latest of our conversations with leading thinkers in compliance and governance, we talk to William Chandler, recently retired chancellor of the Delaware Court of Chancery. Widely respected as one of the nation’s most influential judicial voices on corporate law and governance, Chandler stepped down from the bench in June to join the law firm of Wilson Sonsini.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...