The Latest

  • Manhattan skyline
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    NYCB hires former OCC counsel to take legal chief role

    The beleaguered Long Island-based lender brought aboard four executives Friday whose careers had crossed paths with that of newly minted CEO Joseph Otting.

  • AI in patent applications
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    Designer491 via Getty Images
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    Certify to accuracy but otherwise no AI disclosure needed, patent office says

    Disclosure would be needed if AI use is material to the patentability of something, the agency says in its latest AI guidance.

  • American Privacy Rights Act
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    Kevin Dietsch / Staff via Getty Images
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    Solution to patchwork of state data-privacy laws shows promise

    By mostly preempting state laws, the American Privacy Rights Act would give companies a much-needed roadmap for compliance, privacy specialists say.

  • life sciences law general counsel
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    Paul Bradbury via Getty Images
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    Opinion

    Multiple pathways for legal pros to move into biotech GC role

    The industry is expected to grow 14% over the next decade, providing opportunity for legal professionals attracted to the unique challenges in the life sciences.

  • U.S. Equal Employment Opportunity Commission exterior
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    Caroline Colvin/Legal Dive
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    EEOC finalizes pregnancy accommodation rule

    The much anticipated regulation includes abortion under the list of related medical conditions covered by the Pregnant Workers Fairness Act.

  • U.S. European Commission flags
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    E4C via Getty Images
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    US, Europe lock arms on payments regulation

    U.S. and European regulators have joined forces to monitor digital payment concerns, including those related to buy now, pay later financing and big tech market participation.

  • U.S. Sen. Joe Manchin, D-W.V.,  listens during a hearing before Transportation, Housing and Urban Development, and Related Agencies Subcommittee of Senate Appropriations Committee.
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    Alex Wong via Getty Images
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    Senate kills joint employer rule, setting up veto battle

    With a presidential veto likely and federal courts considering the rule, the fate of the National Labor Relations Board’s joint employer standard is tenuous. 

  • insider trading risk from at-home work
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    FreshSplash via Getty Images
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    Insider trading cases show need for remote-work ground rules

    Legal leaders can set expectations for employees who come in contact with sensitive information from another in the household when they’re both working from home.

  • How companies use in-house legal to boost business

    Liberty Mutual and Wayfair have leveraged investments by their legal departments to help the company attract and keep more customers. 

  • The ADM logo is seen on the company's headquarters building.
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    Courtesy of ADM
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    Suspended ADM CFO’s pay ticked up in 2023 to $4.5M

    The majority of Vikram Luthar’s pay package for last year came from $3.4 million in stock awards, according to Archer Daniels Midland’s proxy filing.

  • A U.S. Department of Labor sign is see outside the agency.
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    Kate Tornone/Legal Dive
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    Final overtime rule clears White House review

    DOL’s proposed rule, if adopted, would increase the minimum annual salary threshold that determines overtime pay eligibility under the Fair Labor Standards Act from $35,568 to $55,068.

  • U.S. Department of Homeland Security Secretary Alejandro Mayorkas speaks at a podium.
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    John Moore/Getty Images via Getty Images
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    DHS unveils ‘enhanced strategy’ to fight illicit trade in textile industry

    The plan includes cracking down on small shipments that fall under the de minimis exemption and benefit fast fashion giants such as Shein and Temu. 

  • Krista Whitaker in-house lawyer Chicago Bears
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    Conference meeting led to sports lawyer getting top Chicago Bears legal role

    When she was in law school, Krista Whitaker introduced herself to a rising star in sports business after a panel session. A decade later, CEO Kevin Warren tapped her to be CLO of the storied football team.

  • on-demand in-house legal help
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    In-house teams lack technology and privacy expertise, GCs say

    A shortage of in-house personnel specializing in emerging issues such as AI may cause more legal departments to seek outside flexible talent, Axiom’s general counsel says.

  • Roundup weed-killing products are on sale at a home improvement store in 2018.
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    Scott Olson via Getty Images
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    Judge cuts Bayer’s $1.5B Roundup verdict by more than 60%

    The crop sciences giant is ramping up its legal defense to fight mounting litigation, which has weighed on its business.

  • legal leadership, mentorship
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    Legal leaders must make themselves redundant, veteran CEO says

    Spotting and nurturing talent should be a general counsel’s top skill, says Bob Cahill, former CEO of G-P.

  • Consumer Financial Protection Bureau Director Rohit Chopra
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    Anna Moneymaker / Staff via Getty Images
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    CFPB, DOJ boost teamwork on cases

    The bureau will refer “potentially criminal conduct,” including “anti-competitive mischief,” to the DOJ for action, CFPB Director Rohit Chopra said Monday.

  • Rendering of digital data code in safety security technology concept.
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    iStock/Getty Images Plus via Getty Images
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    Companies fall short on curbing cybersecurity risks from vendors: Moody’s

    Cyberrisks are mounting, with artificial intelligence likely to increase the threat of attack in the short to medium term, Moody’s said.

  • Mountains with high-rise buildings in the foreground.
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    Sean Pavone via Getty Images
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    Utah Ponzi scheme case envelops bank executive

    Bank of Utah’s vice president and senior trust officer knowingly disregarded fraudulent activity and divulged protected financial information, a lawsuit asserts.

  • The front of the agency headquarters, reading "United States Security and Exchange Commission" and the number 450 as a man walks in a glass door at the bottom left of the frame.
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    Mark Wilson/Newsmakers via Getty Images
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    SEC reiterates no scope 3 in final climate rule

    Agency officials are starting to educate industry stakeholders and investors on the paused rule’s required disclosures, while defending it in court.

  • AI washing, compliance, litigation
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    Poca Wander Stock via Getty Images
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    Opinion

    Compliance isn’t the only ‘AI washing’ risk

    Like regulators, private plaintiffs are going after companies whose artificial intelligence promises don’t match what their technology actually does. 

  • NYSBA AI task force report
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    Chor Muang via Getty Images
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    Lawyers should disclose AI use: NY bar

    They’re also told to get familiar with AI. If it can help them work better, they should consider using it to ensure their work is as competent as possible.

  • Tadashi Dumas in-house counsel fraud
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    In-house counsel accused of faking law firm bills to steal $200,000

    Tadashi Dumas used deceptive wiring instructions to send money to himself and to entities he had outstanding bills with, the Manhattan District Attorney alleges. 

  • RBC fires CFO, treasury exec over undisclosed relationship

    Nadine Ahn had been seen as a potential future CEO candidate, sources told The Globe and Mail. RBC named Katherine Gibson its interim CFO while it searches for a successor.

  • A person walks past a Coach window display.
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    Drew Angerer/Getty Images via Getty Images
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    Coach files trademark and unfair competition complaint against Gap

    The complaint says some Old Navy-branded T-shirts are meant to make consumers think “there is a connection or association” with Tapestry-owned brands.