In 15 closed in-house searches in Santa Clara over 36 months, 9 offers went to lawyers who had already owned a board calendar at a chip issuer, on our mandate telemetry. That is the skill signature: agendas, minutes, consents, and records; SEC calendars, Section 16, insider-trading rules, and disclosure controls; earnings scripts and Regulation FD; equity plans and compensation-committee materials; and finance or treasury support. A chief legal officer at a newly independent chip company said the seat needs a lawyer who has already run a stand-alone disclosure calendar.
Adjacent desks feed this hire. Candidates move from mergers and strategic investments, technology transactions and licensing, trade compliance, and privacy governance, all posted by Santa Clara semiconductor employers in 2026. Of 250 interviews, 58 involved lawyers who had moved from private-practice corporate seats into semiconductor issuers in the previous three years, in Sartori's Santa Clara cohort. The Altera posting, live on 25 August 2026, asks for 5-plus years of corporate, securities, or governance training and a California license or in-house eligibility.
Board calendars, Section 16, and Regulation FD define this seat. Commercial contracting at a chip campus does not.