Counsel News and Events for Attorneys and Executives

Corporate

Download: Study Shows 4X ROI With Digital Discovery Pro

Download: Study Shows 4X ROI With Digital Discovery Pro

Insight>
Zapproved and Hobson & Company recently partnered to research the average return on investment (ROI) that businesses gained by implementing Digital Discovery Pro for in-house ediscovery.

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Biglaw Firm, Former U.S. Attorney Accused of Hacking Cover-Up

News
The allegations are in a suit against former U.S. Attorney Mary Beth Buchanan and Bryan Cave Leighton Paisner LLP, the global megafirm where she is now a partner, according to Bloomberg Law.

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CLE: Vendor, Customer and Competitor Bankruptcies, What GCs Need to Know

CLE: Vendor, Customer and Competitor Bankruptcies, What GCs Need to Know

Webinar, Wednesday, May 9, 2018,  at 9 a.m. PT / 12 ET
A Select Counsel webinar will discuss a range of issues commonly presented to healthy companies when vendors, customers or competitors file bankruptcy cases.

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Download: 2018 E&C Hotline & Incident Management Benchmark Report

Download: 2018 E&C Hotline & Incident Management Benchmark Report

Insight
The new NAVEX report shows the number of employee complaints and misconduct reports are rising — and a surprising 44 percent of all reports are substantiated.

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Merck’s Patent Loss a Cautionary Tale for In-House Attorneys

News
Merck & Co.’s loss of a $200 million jury verdict for patent infringement shows that companies with internal prosecution staff need to observe strict rules for external communications, according to Bloomberg Law.

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Sexual Misconduct and D&O Claims

Insight
Companies that have the suggested processes and procedures in place are less likely to find themselves getting hit with these kinds of claims, writes Kevin LaCroix in The D&O Diary.

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Median CEO Pay for the 100 Largest Companies Reaches Record $15.7 Million

News
The highest-paid CEO in this year’s study is Broadcom’s Hock Tan, with a 2017 compensation package valued at $103.2 million, The Washington Post reports.

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May 3 Live Event: Explore the Value of ESOPs By Studying a Proven Implementation

May 3 Live Event: Explore the Value of ESOPs By Studying a Proven Implementation

Event, May 3, 2018, 2:30-6 p.m., NYC
ESOPs, when properly done, can position a company for financing, allow for acquisitions, help attract and retain top talent in a competitive environment and create wealth for owners and employees.

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Linking Nonfinancial Metrics to Strategy and Culture

Linking Nonfinancial Metrics to Strategy and Culture

Insight
NACD recently convened a meeting of Fortune 500 audit and compensation committee chairs to discuss the key issues and challenges the board faces in the selection and use of nonfinancial metrics.

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Facebook Privacy Scandal Unleashes Nationwide ‘Litigation Swarm’

Facebook Privacy Scandal Unleashes Nationwide ‘Litigation Swarm’

News
Damages could be substantial for shareholders, with one group of investors estimating that at least $50 billion in the company’s market capitalization has been wiped out as a result of the disclosure, Bloomberg Technology reports.

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ACC Conducting 2018 Global Compensation Survey

ACC Conducting 2018 Global Compensation Survey

Insight
The Association of Corporate Counsel is conducting the new 2018 Global Compensation Survey — the largest self-reported compensation survey within the in-house counsel profession in the world.

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Webinar: How Solid is Your Whistleblower Program?

Webinar: How Solid is Your Whistleblower Program?

Webinar, April 10, 2018, 1 p.m. EDT
Webinar participants will hear new insights from the 2018 Ethics & Compliance Hotline & Incident Management Benchmark Report.

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Judge Stunned by Ex-Rolls-Royce Counsel Switching Sides in Litigation

News
Rolls-Royce’s former in-house counsel switched sides to sue Rolls-Royce for allegedly reusing defective airplane parts, according to a Bloomberg report.

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Whistleblower Says Walmart, Eyeing Amazon, Cheated on E-Commerce

Whistleblower Says Walmart, Eyeing Amazon, Cheated on E-Commerce

News
The former executive alleges various wrongdoing, including the mislabeling of products, enabling Walmart to charge excessive sales commissions, and failure to properly process customer returns, enabling it to boost results, reports Reuters.

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Dallas Judge Denies Toyota Request to Seal Safety, Product Defect Documents

News
District Court Judge Dale Tillery said that it is in the public interest to keep such documents open for review because they detail issues involving public health and safety.

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Uber’s Former Top Lawyer Sought a $100 Million Exit Package, Report Says

Uber’s Former Top Lawyer Sought a $100 Million Exit Package, Report Says

News
Salle Yoo thought the exit package request only fair because she had seen male executives ask for and get huge exit packages, reports Business Insider.

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GE Stalls Executive Bonuses, But CEO Still Earns 157 Times More Than Average Worker

News
General Electric’s CEO and other top company executives received no bonuses in 2017, but the $9 million the CEO was awarded in his first year on the job is 157 times higher than the salary of the company’s median employee, MarketWatch reports.

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Wynn Resorts Settles Lawsuit for $2.4B Over Forced Redemption of Shares

Wynn Resorts Settles Lawsuit for $2.4B Over Forced Redemption of Shares

News
The legal fight between the companies dates back to 2012, when Wynn Resorts pushed out Universal’s founder Kazuo Okada after finding the Japanese tycoon made improper payments to overseas gambling regulators, reports the AP.

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Five Steps for Directors, Execs to Stay Abreast of Technological Innovation

Five Steps for Directors, Execs to Stay Abreast of Technological Innovation

Insight
The article, from NACD Directorship magazine, suggests five steps for boards and executives to become better versed in cutting-edge technologies.

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Ex-Regal Execs to Draw $30 Million Total in Severance Pay

Ex-Regal Execs to Draw $30 Million Total in Severance Pay

News
Ex-general counsel Peter Brandow will receive a $1.04 million payment and an $1.1 million bonus, for an ultimate total payout of $4.7 million, reports Knox News.

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