Counsel News and Events for Attorneys and Executives

Corporate Counsel

Inside the Secret Society of Wall Street’s Top In-House Lawyers

News
Attendees at the recent gathering wanted to discuss a common foe: class-action lawyers who seek billions of dollars from top banks for alleged market manipulations and related bad behavior.

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New York City Bar’s Annual In-House Reception Oct. 26

Event, Oct. 26, 6-7:30 p.m. EDT
The New York City Bar will host a special reception for in-house counsel on Wednesday, Oct. 26, 6-7:30 p.m. The event will be at 42 West 44th Street, New York, NY 10036.

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Cowboys’ GC Had to Get Over One Giants Hurdle With Jerry Jones

Cowboys’ GC Had to Get Over One Giants Hurdle With Jerry Jones

Profile
A Dallas Morning News profile of Dallas Cowboys general counsel Jason Cohen tells how the New Jersey native thought his job interview with team owner Jerry Jones was going pretty well until Jones asked him if he was a Cowboys fan. He confessed to being a Giants fan.

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Thomson Reuters Survey: Legal Departments Unprepared for Millennial Corporate Counsel

Insight
The report on a survey conducted by Thomson Reuters gauges perceptions of in-house millennials and explores how they are shaping legal departments.

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11 Steps Your Board Needs to Take Now

11 Steps Your Board Needs to Take Now

Insight
The National Association of Corporate Directors has published the 2016 NACD Blue Ribbon Commission Report: Building the Strategic-Asset Board. The report is designed to help readers prepare for boardroom discussions on top-of-mind issues related to board strategy and composition.

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Executive Pay Clawbacks Are Gratifying, but Not Particularly Effective

Executive Pay Clawbacks Are Gratifying, but Not Particularly Effective

News
If the goal of compensation clawbacks is to keep corporate executives honest, then they aren’t doing the job, according to a report by The New York Times.

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Which Firms Give In-House Counsel Nightmares?

News
BTI Consulting Group has published the results of its 2017 “Fearsome Foursome” survey, in which 300 general counsel named which law firms they would least like to see as opposing counsel.

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Bloomberg Law Slates Big Law Business Summit – West

Bloomberg Law Slates Big Law Business Summit – West

Event, Oct. 27, 1:30-6 p.m. PDT
Big Law, chief legal officers, outside counsel, and those serving legal departments around the world are invited to discuss challenges and share ideas about the legal industry at Bloomberg Law’s Big Law Business Summit – West.

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Checklist: Modernize Your D&O Questionnaire

Checklist: Modernize Your D&O Questionnaire

Insight
The Center for Board Excellence is offering for free download a checklist aimed at modernizing directors and officers questionnaires. The checklist uses CBE’s cloud-based platform.

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What Are the Signs Your Law Firm Needs Process Improvement?

Insight
In a white paper, consultant George Dunn discusses the signs that a law firm needs process improvement in maintaining good relationships with clients.

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Nationwide Layoff Watch: Mass In-House Layoffs After Mega-Merger

News
SABMiller has confirmed that at least 35 in-house lawyers will be made redundant upon the finalisation of its merger with Anheuser-Busch InBev in October.

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‘Legal Said It Was Okay’

Insight
Stephen R. Williams describes that uneasy feeling an in-house lawyer can experience when overhearing someone in the company saying the heart-stopping phrase “Legal said it was okay.”

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Download: What It Takes to Be an Effective General Counsel

Download: What It Takes to Be an Effective General Counsel

Insight
The National Association of Corporate Directors is offering free downloads of an article featured in the association’s July/August issue of NACD Directorship magazine, Tom Sager’s “How to Win at War.”

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In-House Lawyers Make More, But Not Like Associates

In-House Lawyers Make More, But Not Like Associates

News
The BarkerGilmore survey found that lawyers in the services industry reported the highest dissatisfaction rates, while lawyers in the energy sector were most likely to be looking for new jobs, reports Bloomberg Law.

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Viacom Top Lawyer’s Fate Highly Uncertain After Months of Corporate Infighting

News
Viacom general counsel Michael Fricklas finds his job hanging by a thread as Viacom works through a months-long legal battle with founder Sumner Redstone for control of the media giant, reports The Hollywood Reporter.

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Survey Highlights Outsourcing Growth, Disconnect Over Billing and Communication Issues

Insight
The 2016 IADC Inside/Outside Counsel Relationship Survey reveals information about the growth of legal services outsourcing and related trends, as well as areas in which lawyers on both sides see room for improvement, including billing and budgets, and communications.

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Yahoo GC Could Receive $9M in Severance

News
Bloomberg Law is reporting that Yahoo General Counsel Ronald Bell could receive as much as $9 million in severance payout as a result of Verizon Communications’s $4.8 cash acquisition, according to the company’s filings.

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How GC Pay Stacks Up in the Corporate Ladder

How GC Pay Stacks Up in the Corporate Ladder

News
Bloomberg Law has drilled down through Securities and Exchange Commission documents to see how the compensation of 30 of the highest paid general counsel compare to the pay for other top-ranking executives in their corporations.

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The GC Who Took Home $25 Million and 29 Other Highly Paid GCs

The GC Who Took Home $25 Million and 29 Other Highly Paid GCs

News
Bruce Sewell, senior vice president of legal and global security and general counsel at Apple Inc., leads Bloomberg Law’s list of the most highly compensated general counsel in American companies.

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NACD Executive Summary: Preparing the Board for Shareholder Activism

NACD Executive Summary: Preparing the Board for Shareholder Activism

Insight
As year-round shareholder activism becomes the new norm in the American boardroom, directors are called upon to prepare for and respond to any possible activist challenges, the NACD reports.

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