Corporate

Complete the 2017 Law Department Benchmarking Survey

Survey
Consilio is conducting an online survey is designed to provide law department leaders insight into comprehensive benchmarking data, legal operations and discovery best practices, and trend reporting.

3M Lawyer on Cutting More Than 250 Law Firms

News
3M Co. launched its effort convergence in 2013, when it cut the about 300 of its U.S. outside firms to about 35 to 36 firms, reports Bloomberg Law.

In-House Attorneys See 4.3 Percent Pay Hike

News
Above the Law reports on a BarkerGilmore in-house counsel compensation report that shows in-house lawyers received average pay increases of 4.3 percent last year.

How to Make the Case for a Smaller Law Firm to Your Board

Insight
With a smaller law firm, seasoned attorneys are the norm, rather than the associates who typically handle day-to-day business for the big law firms, writes Norm Finkel of Schoenberg, Finkel, Newman and Rosenberg, LLC.

Uber CEO Pays a Price for Breaking the Rules

News
The hard-charging, take-no-prisoners corporate culture exhibited by Uber and his brash CEO is now seen as the company’s biggest liability, reports The Los Angeles Times.

The Artificial Intelligence Revolution and Its Impact on In-House Lawyers

Insight
In-house lawyers who embrace AI will become more valuable to the next generation of CEOs and CFOsm according to an Above the Law post.

Download: “Seeing Opportunity in Reputation Risk”

Insight
The National Association of Corporate Directors’ new article, “Seeing Opportunity in Reputation Risk,” explores how effective board oversight of corporate responsibility (CR) and environmental, social, and governance (ESG) strategies, practices, risk management, and crisis preparedness can not only help manage strategic risk, but also result in enhanced reputation.

MetLife General Counsel to Step Down After Beating U.S. in Court

News
Bloomberg reports that MetLife Inc. General Counsel Ricardo Anzaldua is stepping down after he helped win a court battle that reversed the government’s designation of the insurer as too big to fail.

The Whistleblower Behind Caterpillar’s Massive Tax Headache Could Make $600 Million

News
BloombergBusinessweek reports on the story behind the accountant who might end up the best-paid whistleblower of all time, with a potential paycheck of $600 million, while Caterpillar, the 92-year-old pride of American industry, will experience something unfamiliar: public humiliation.

Corporate Partner Richard Kaye Joins Barnes & Thornburg’s Atlanta Office

News
Barnes & Thornburg LLP has added Richard Kaye to its Atlanta office as a partner in the Corporate Department, where he works on domestic and international transactions.

Uber Looking for New General Counsel Amid Increasingly Dicey Legal Issues

News
Recode.net reports that Uber’s search for a new general counsel could be interesting, considering the company’s many thorny legal issues.

Managing Partners Say Their Lawyers Are Underperforming and Slow to Change

News
One of the findings is that business is moving in-house, and managing partners recognize that: 67.9 percent of respondents said they are already losing business to in-house legal departments.

Forum: Examine the Risks and Rewards for Cross-Border Deals

Event, June 20, 2017, New York
Bloomberg BNA and World Services Group will present the Cross-Border Deals Forum to hear about the current risk assessment, which deals are facing greater scrutiny and which deals are enjoying a more positive outlook.

Dubious Corporate Practices Get a Rubber Stamp From Big Investors

News
Institutional asset managers carry enormous clout across corporate America. So it’s unfortunate that so many of these managers choose to support the status quo for boards, even when investors are ill served, points out The New York Times.