Former GC of Notorious Florida Firm Gets 18 Months for Fraud
The former general counsel of a bankrupted South Florida law firm that was at the center of a massive fraud was sentenced Jan. 30 to 18 months in federal prison for his role in helping managing partner Scott Rothstein swindle investors by selling them “income” from faked settlements, reports the ABA Journal.
David Boden, 53, has cooperated with the government from the start and is expected to testify against other defendants charged in connection with the schemes for which the former Rothstein Rosenfeldt Adler chief is now serving 50 years. Prosecutors said Boden verified that the claimed settlements sold by Rothstein, which involved fictitious individuals and entities, were legitimate.
A recent poll by the Association of Corporate Counsel found that more than half of in-house lawyers said work-life balance was a large factor in their decision to choose an in-house position.
Wells Fargo & Co. recently snagged two former Bank of America Corp. high-ranking lawyers to fill openings in its litigation and workout division, the bank confirmed, reports The Wall Street Journal‘s Moneybeat blog.
Michael Volkov, CEO of The Volkov Law Group, will discuss the respective mandates of the CCO and legal officers in a free webinar Tuesday, Feb. 3, at noon Eastern time.

Can the Federal Bureau of Investigation wire up your longtime company counsel and then use recordings of the conversations against you in court? The answer – as reported in The Wall Street Journal‘s Risk & Compliance Journal – is often yes, according to legal experts and a ruling by a New Jersey federal judge.
Sometimes negotiators care so much about the issues at stake that they mistake compromise for surrender, says the Program on Negotiation at Harvard Law School. Sometimes they’re so confident things will go their way they don’t try hard enough.
United Airlines has announced that Brett Hart, its executive vice president and general counsel, will assume responsibility for customer care and customer experience. John Rainey, United’s chief financial officer, will take on strategy.
Massachusetts-based cybersecurity firm Veracode will increase its headcount from by about 100 employees during 2015 to deal with a surge in demand for companies fighting online threats. The new hires will include a new general counsel.
Avvo has posted a complimentary on-demand webinar discussing ways to help lawyers and law firms get comfortable with the rapid proliferation of online feedback and the most effective – and ethical – ways to respond.
Guardians of Peace, the hacking group responsible for obtaining and then leaking thousands of pieces of confidential Sony information, has released the email of Sony Pictures General Counsel Leah Weil.