Corporate
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.
Webinar: Survey Says Executive Pay Incentives Matter, but the Devil is in the Details
Event, Nov. 10, 2 p.m. EST
Pearl Meyer’s annual fall survey of senior executives and compensation committee members, Pearl Meyer On Point: Looking Ahead to Executive Pay Practices in 2017, looks into pay level expectations and potential changes to annual and long-term incentive plans
Class-Action Attorneys Awarded $555.2 Million for Work in BP Suits
News
U.S. District Judge Carl Barbier pointed out that award represents about 4.3 percent of the estimated $13 billion that BP is expected to pay under the ongoing settlements, reports The Times-Picayune.
ACC Annual Meeting 2016 – A Wrap-Up from Above the Law
Insight
Above the Law covered the recent Association of Corporate Counsel annual meeting and published a wrap-up of its coverage.
Leveling Deal Activity And Optimism In Dykema’s 12th Annual M&A Outlook Survey
Insight
Respondents to Dykema’s 12th Annual M&A Outlook Survey predict a flat year ahead with steady deal flow, expressing an overall neutral viewpoint coinciding with the recent leveling off of the global M&A market.
Complimentary Ethics & Compliance Virtual Conference
Event, Nov. 15, 8:30 a.m.-2:30 p.m. PST
Navex Global will present the sixth annual Ethics & Compliance Virtual Conference on Nov. 15 — a free, one-day, online event.
Thomson Reuters Survey Reveals Developing Trend in Legal Departments
Insight
www.thomsonreuters.comA new Thomson Reuters survey reveals a developing trend in legal departments and explores a rise in hiring legal department operations professionals, changes in GC/firm partnerships, and a growing reliance on new technologies.
Your Organization’s Corporate Culture Needs TLC
Insight
Recent events prompt more attention and focus on corporate culture. The article outlines key components and a step-by-step assessment to help organizations not only assess their corporate culture but take steps to improve it.
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.
How Wells Fargo’s John Stumpf Crashed Himself
Insight
A writer for Fortune traces the Wells Fargo former CEO’s handling of the recent scandal, pointing to the three times he responded with too little too late.
Hedge Fund Sues Theranos, Citing ‘Lies, Material Misstatements, and Omissions’
News
Partner Fund Management, a San Francisco-based hedge fund that reportedly wrote out a $96 million check to Theranos in 2014, is now suing the blood-testing startup and its founder, Elizabeth Holmes, reports TechCrunch.
Obama Takes Aim at U.S. Corporations Shifting Profit Overseas
News
Reuters is reporting that U.S. regulations, proposed by the Treasury to crack down on companies that try to reduce taxes by rebasing abroad, have begun a White House review and could be finalized shortly.
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.
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.
Salesforce Pushes Regulators to Block Microsoft’s LinkedIn Deal
News
The combative remarks hint at a renewed chill in the relationship between Salesforce and Microsoft,” writes CNN’s Seth Fiegerman.
