MEMBERSHIP IN THE COLLEGE IS EXTENDED BY INVITATION ONLY TO LAWYERS WHO HAVE PRACTICED LAW FOR A MINIMUM OF 15 YEARS, WHILE DEVOTING AT LEAST 10 OF THOSE PRACTICE YEARS FOCUSED ON THE FIELD OF GOVERNANCE. FELLOWS SPEND A SUBSTANTIAL AMOUNT OF THEIR TIME IN BOARDROOMS ADVISING DIRECTORS IN A VARIETY OF CIRCUMSTANCES SUCH AS SHAREHOLDER ACTIVISM AND ENGAGEMENT, MANAGEMENT SUCCESSION, INTERNAL INVESTIGATIONS, DISCLOSURE OBLIGATIONS, SHAREHOLDER LITIGATION, AND A BROAD RANGE OF REGULATORY AND GOVERNMENTAL MATTERS. MEMBERSHIP IN THE COLLEGE CURRENTLY INCLUDES 120 FELLOWS AND HONORARY FELLOWS.