The Latest

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  Column

  Coming Live Nation antitrust suit suggests DOJ got it wrong last time

  Critics have said the Department of Justice should have broken up Live Nation when it looked at its 2010 merger with Ticketmaster. A reported lawsuit that’s coming could try to make that happen. 

  Emerging Issues

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  CFPB late-fee cap nears despite court battles

  Despite an industry-backed lawsuit seeking to stop the Consumer Financial Protection Bureau’s new $8 late fee rule, bank card issuers are bracing for potential implementation.

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  Staffing firm BaronHR pays $2.2M to settle claims it acquiesced to biased client requests

  The company steered candidates toward certain positions based on sex and rejected certain applicants based on race and national origins, EEOC alleged.

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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.

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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.

  Emerging Issues

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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.

  Data Privacy

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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.

  Hiring/Talent

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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.

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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.

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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. 

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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.

  Emerging Issues

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  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. 

  Legal Operations

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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.

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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.

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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. 

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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.

  Hiring/Talent

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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.

  Legal Technology

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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.

  Lawsuits and Litigation

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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.

  Hiring/Talent

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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.

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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.

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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.

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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.

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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. 

  Compliance

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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.

  Legal Technology

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