Corporate

Legal Departments Sending Less Cash to Big Law, Survey Says

News
Bloomberg Law is reporting that corporate law departments are spending more, but less of that that money is landing in Big Law coffers, according to a new survey.

Tesla Loses a Senior Lawyer Just as SEC Tightens Grip

News
Bloomberg is reporting that an experienced securities lawyer has left Tesla Inc. just as the company needs one under its fraud settlement with U.S. regulators.

2018 Third-Party Risk Management Benchmark Report

Insight
NAVEX Global has published a new report discussing how to assess your program maturity, gain organizational buy-in and understand the value of a comprehensive third-party due diligence program.

IADC Journal Covers Asbestos, Punitive Damages and Manufacturers’ Legal Hurdles

Insight
The International Association of Defense Counsel (IADC) has published its fourth quarter 2018 Defense Counsel Journal (DCJ) with scholarly articles that explore current trends in the practice of law.

Download: New NACD Blue Ribbon Commission Report on Disruptive Risks

Insight
The National Association of Corporate Directors has published its 2018 Report of the NACD Blue Ribbon Commission on Adaptive Governance: Board Oversight of Disruptive Risks to provide directors with valuable insights and tools.

Google Exec Clouded by Scandal is a Veteran Silicon Valley Counsel

News
David Drummond, the chief legal officer of Google parent Alphabet Inc. and a one-time Wilson Sonsini Goodrich & Rosati partner, was cited in a New York Times report about the allegedly lax approach that Google has taken to relationships between supervisors and their subordinates.

ECVC2018: Ethics & Compliance Virtual Conference

Online Event, Nov. 8, 2018
NAVEX Global will present the 2018 Ethics & Compliance Virtual Conference as an online event Thursday, Nov. 8, 2018.

Download: 2018 Corporate Ediscovery Benchmarking Report

Insight
A new Zapproved benchmark report uncovers key insights about the ediscovery community, including common challenges, aspirations, and approaches to managing each stage of the EDRM.

What Tesla Really Needs, SEC Says, Is an ‘Experienced’ Lawyer

News
Of the all fixes the SEC wants Tesla Inc. to make in the wake of Elon Musk’s now-infamous tweet, one stands out for its novelty: “An experienced securities lawyer.” reports Bloomberg Law.

Download: A Field Guide to Bad Directors

Insight
The National Association of Corporate Directors has published “A Field Guide to Bad Directors,” which can be downloaded from the NACD website.

Elon Musk’s SEC Settlement Could Have Gone So Much Worse

News
The SEC’s initial suit sought to bar the CEO from becoming an officer or director for any public company, perhaps for life, according to Wired.

Download: Effective Practices for Internal Investigations Led by the Board

Insight
The NACD article helps directors develop an internal investigation protocol to follow should an issue arise, and equips directors with a framework to mitigate the effects of an investigation both internally and externally.

Master Class: Aligning Board Responsibilities

Webinar, Sept. 20, 2018
This NAVEX master class will cover how to wrangle top-level decision-makers to ensure all executives and board members understand their responsibilities for compliance oversight.

Budget Benchmarks: Where Do You Stand?

Insight
As budget season approaches, a post on the Xakia website takes a look at the financial side of corporate legal operations – from alternative fee arrangements to special considerations for smaller departments.

Microsoft GC to Business Partners: If You Want to Work With Us, Offer Paid Family Leave

News
Microsoft announced a new policy Thursday, pledging it will ink contracts only with service providers who give their employees 12 weeks of paid family leave.

Robert Gross Partners with Michael Best Strategies

News
Michael Best Strategies has partnered with Robert Gross, who will also serve as senior counsel for Michael Best & Friedrich LLP.

Just Released: ACC 2018 Global Compensation Report

Insight
The survey report is based on responses from more than 5,000 lawyers in corporate legal departments from 65 countries and 39 different industry sectors.

Securities Lawyers Shocked By Elon Musk’s Tweet, Point to Potential Legal Minefield

News
Securities lawyers said Telsa’s board would have to form a committee to explore a take-private or risk being accused of skirting their duty, reports CNBC.

SCCE Announces Speakers for Annual Compliance & Ethics Institute

Event, Oct. 21-24, 2018
The Society of Corporate Compliance and Ethics has announced the lineup of keynote speakers for the upcoming Compliance & Ethics Conference in Las Vegas.