Counsel News and Events for Attorneys and Executives

General Counsel

Nationwide Layoff Watch: Mass In-House Layoffs After Mega-Merger

News
SABMiller has confirmed that at least 35 in-house lawyers will be made redundant upon the finalisation of its merger with Anheuser-Busch InBev in October.

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‘Legal Said It Was Okay’

Insight
Stephen R. Williams describes that uneasy feeling an in-house lawyer can experience when overhearing someone in the company saying the heart-stopping phrase “Legal said it was okay.”

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Download: What It Takes to Be an Effective General Counsel

Download: What It Takes to Be an Effective General Counsel

Insight
The National Association of Corporate Directors is offering free downloads of an article featured in the association’s July/August issue of NACD Directorship magazine, Tom Sager’s “How to Win at War.”

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In-House Lawyers Make More, But Not Like Associates

In-House Lawyers Make More, But Not Like Associates

News
The BarkerGilmore survey found that lawyers in the services industry reported the highest dissatisfaction rates, while lawyers in the energy sector were most likely to be looking for new jobs, reports Bloomberg Law.

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Viacom Top Lawyer’s Fate Highly Uncertain After Months of Corporate Infighting

News
Viacom general counsel Michael Fricklas finds his job hanging by a thread as Viacom works through a months-long legal battle with founder Sumner Redstone for control of the media giant, reports The Hollywood Reporter.

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Survey Highlights Outsourcing Growth, Disconnect Over Billing and Communication Issues

Insight
The 2016 IADC Inside/Outside Counsel Relationship Survey reveals information about the growth of legal services outsourcing and related trends, as well as areas in which lawyers on both sides see room for improvement, including billing and budgets, and communications.

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Comprehensive Study: How Third-Party Risks are Managed Within Organizations

Comprehensive Study: How Third-Party Risks are Managed Within Organizations

Survey
Participants in the study beingn conducted by Phase 5, an independent market research firm, will receive complimentary copies of the final report.

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Is $88,500 Salary Too Much for a Deputy General Counsel?

Is $88,500 Salary Too Much for a Deputy General Counsel?

News
Bloomberg Law examines a lawsuit involving U.S. Transportation Secretary Anthony Foxx, who is the target of an attempt to recover salary Foxx collected during his three-and-a-half year tenure as a now-defunct company’s deputy general counsel.

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Yahoo GC Could Receive $9M in Severance

News
Bloomberg Law is reporting that Yahoo General Counsel Ronald Bell could receive as much as $9 million in severance payout as a result of Verizon Communications’s $4.8 cash acquisition, according to the company’s filings.

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Ninth Annual Law Department Operations Survey

Ninth Annual Law Department Operations Survey

Survey
The Ninth Annual Blickstein Group Law Department Operations Survey, in cooperation with Consilio, is being conducted online now.

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Wake Up GCs: You’re Your Companies’ Tech Visionaries

Wake Up GCs: You’re Your Companies’ Tech Visionaries

Insight
General counsel can serve as the champion in their department for legal technology, and the reality is that technology is here to stay. Monica Zent discusses basic technologies every GC must adopt now:

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Webinar: Leveraging Innovation to Streamline Attorney Workflow

Event, August 3, 1 p.m. EDT
Practical Law will present a complimentary webinar on the use of Practice Point to incorporating new technologies into legal practice

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How GC Pay Stacks Up in the Corporate Ladder

How GC Pay Stacks Up in the Corporate Ladder

News
Bloomberg Law has drilled down through Securities and Exchange Commission documents to see how the compensation of 30 of the highest paid general counsel compare to the pay for other top-ranking executives in their corporations.

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The GC Who Took Home $25 Million and 29 Other Highly Paid GCs

The GC Who Took Home $25 Million and 29 Other Highly Paid GCs

News
Bruce Sewell, senior vice president of legal and global security and general counsel at Apple Inc., leads Bloomberg Law’s list of the most highly compensated general counsel in American companies.

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NACD Executive Summary: Preparing the Board for Shareholder Activism

NACD Executive Summary: Preparing the Board for Shareholder Activism

Insight
As year-round shareholder activism becomes the new norm in the American boardroom, directors are called upon to prepare for and respond to any possible activist challenges, the NACD reports.

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Google Self-Driving Car Project Gets First GC as Scrutiny Rises

Google Self-Driving Car Project Gets First GC as Scrutiny Rises

News
The hiring comes at a critical time as Google aims to commercialize self-driving cars by 2020. With a CEO and a director already in place, a chief lawyer has been a missing piece.

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Business Litigation in California: Perplexing, Downright Exasperating

Insight
Archer Norris published its second annual California Business Litigation Report, revealing that corporate lawyers continue to view many aspects of California’s business environment as perplexing, downright exasperating, and in many ways more challenging than other states.

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Allstate Joins In-House Furor Over Associate Raises

News
Allstate’s general counsel warns of the potential for the salary increases to be more than a law firm’s cost structure can handle, leading to the costs getting passed on to clients, reports Sara Randazzo of The Wall Street Journal.

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Benchmarking Your Compliance Program

Benchmarking Your Compliance Program

Insight
Compliance professionals and auditors should monitor this promised guidance from the Justice Department’s Fraud Division on how it proposes to evaluate the existence and effectiveness of individual corporate compliance plans, writes Jose Tabuena.

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Free Webinar Series on Current In-House Legal Trends

Event
Thomson Reuters Practice Point will host a series of free 30-minute webinars providing an overview of current in-house legal trends. The webinars, also to be available on-demand, will continue through June 23.

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