Corporate
Event – A Wake-Up Call: Antitrust Compliance in the U.S.
Event, Jan. 19, NYC
Bloomberg BNA will present a complimentary event to discuss the widespread corporate apathy towards antitrust risks – and why the business community needs a collective wake-up call.
Whistle-Blowers Spur Companies to Change Their Ways
News
A study of companies subjected to whistle-blowing underscores the notion that insiders are best positioned to monitor companies’ financial reporting, according to a report The New York Times.
Top U.S. Court to Consider Curbing Texas Suits by Patent Holders
News
A victory for the appellant would bar most patent owners from pressing cases in the Eastern District of Texas, a patent-friendly jurisdiction where more than a third of all infringement suits are now filed, Bloomberg reports.
White Paper: Top 10 Ethics & Compliance Predictions and Recommendations
Insight
Navex Global has published its 2017 edition of the annual Top 10 Ethics & Compliance Predictions and Recommendations white paper.
Law Firm Market Share Declines as Partner Profit Rises and In-Housing Grows
News
Law firms have an unsustainable model that remains largely intact even as corporate clients are seeking options, writes Mark A. Cohen for Forbes.
GM Petitions U.S. Supreme Court Over Bankruptcy Shield
News
A number of injury, wrongful death and economic loss lawsuits have been filed against GM over its faulty ignition switches and recall of nearly 2.6 million older vehicles in 2014, according to The Detroit News
Zuckerberg and Musk Expose Silicon Valley’s Poor Corporate Governance
News
Reports cover recently unsealed documents in a shareholder lawsuit that contends Facebook’s recent stock split with a new class of nonvoting stock is tantamount to “granting Zuckerberg billions of dollars in equity, for which he will not pay anything.”
Nation’s Largest Freestanding ER operator Shedding Executives
News
Graham Cherrington is the second executive to leave the embattled company suddenly in recent months, following a disappointing $11.7 million loss in third quarter.
General Counsel Compensation Jumped in 2015
News
At companies with less than $1 billion in revenue, median total direct compensation for general counsel was $725,021.
eBook: A Guide to the Enterprise Legal Management Paradigm Shift
Insight
Onit has published an eBook that discusses how ELM solutions are positively impacting corporate legal departments like Archer Daniels Midland (ADM), The Home Depot and Under Armour.
Law Department Operations: Survey Results & Live Webinar
Insight and Event
The 2016 report on a comprehensive survey of law department operations, “Trying to Take the Leap from Small Changes to Major Disruptions,” can be downloaded from Blickstein Group at no charge, and a webinar will discuss the results on Dec. 14.
Judge Squelches New Overtime Regs: Now What?
News
Should employers roll back new policies to save money and then face potential liability if the regulation is ultimately upheld? One employment lawyer says the risk might be worth it for nonprofits who often have people doing professional work, but earning in the $35,000 a year range.
Meet the Top Lawyer of the World Series Champs
News
As the top lawyer for the Chicago Cubs, Lydia Wahlke spends most of her time protecting and enforcing the team’s brand, but she still gets to be a fan of the new World Series champions, according to an interview published in Bloomberg’s Big Law Business.
Rio Tinto Terminates Executives Over Simandou Investigation
News
Mining giant Rio Tinto PLC said it fired one of its most senior operational executives and its head of legal and regulatory affairs based on the findings from a continuing internal probe into $10.5 million in payments to a consultant who helped acquire mining rights in Guinea, reports The Wall Street Journal.
The New Law Department Professional: Transforming Legal to Run as a Business Unit
Insight
The role of in-house legal is changing. Corporate legal professionals are expected to lead the charge in implementing corporate initiatives aimed at reducing costs, mitigating risk, introducing new technologies, and changing corporate culture.
White House Continues Attack on Non-Compete Agreements
Insight
Contrary to the suggestions of the White House’s statements and other repeated misperceptions, there is no judicial rubber-stamp approval of employer efforts to enforce non-compete agreements, according to an article posted by Jackson Lewis P.C.
NACD Introduces New Initiative: The Strategic-Asset GC
Insight
The National Association of Corporate Directors has introduced the its new Strategic-Asset GC initiative, which recognizes the unique position general counsel hold relative to their boards of directors.
New Research Reveals Third-Party Risk Management Best Practices
Insight
Navex Global has produced a benchmark report that can be used to help organizations judge how effective their third-party risk management systems are and how to make improvements.
U.S. Charges in Generic-Drug Probe to Be Filed by Year-End
News
The antitrust investigation by the Justice Department spans more than a dozen companies and about two dozen drugs, reports Bloomberg.
2016 In-House Legal Benchmarking Report
Insight
Exterro has published its “2016 In-House Legal Benchmarking Report,” which allows readers to compare their legal processes to their peers and learn how other legal departments are trying to become more productive and reduce legal spend without sacrificing defensibility.