CLOs to reduce hiring, focus on operations

Even as privacy, M&A and other regulatory risks grow, fewer legal chiefs are planning to hire more lawyers or outsource more work, according to the ACC’s annual CLO survey. 

By Robert Freedman • Jan. 24, 2023

Legal talent platform launches law firm

Axiom Advice & Counsel will provide corporate legal services to a wide array of corporations while operating as an alternative business structure in Arizona.

By Lyle Moran • Jan. 23, 2023

How avoiding 10b5-1 plans can yield better insider trading protection

Executives have used the plans to avoid scrutiny of their stock trades, but it might be better to bypass them now that they’re about to be regulated more.

By Robert Freedman • Jan. 20, 2023

Diversity of outside law firms not tracked by most GCs, survey finds

Meanwhile, those legal chiefs who do closely monitor the make-up of their external law firms said they have seen some DEI progress.

By Lyle Moran • Jan. 19, 2023

US to jack up fees for big mergers

The coming hikes will likely trigger sticker shock at affected companies in the beginning but aren’t likely to prevent deals from happening, antitrust lawyers said.

By Alexei Alexis • Jan. 19, 2023

DOJ: Even problem-plagued companies can get cooperation credit

In an update to the Department of Justice’s corporate enforcement policy, recidivist companies and those with other aggravating factors have a path to lower penalties.

By Robert Freedman • Jan. 18, 2023

Surging cyberthreats, data concerns remain top dispute risks for organizations

A survey from Baker McKenzie shows a heightened risk of legal challenges amid a rise in sophisticated cyber attacks, along with concerns about regulatory responses. 

By David Jones • Jan. 17, 2023

In tough economy, assignments in lieu of bankruptcy could grow

Assignments for the benefit of creditors (ABCs) can liquidate company assets in weeks without the liability risk of a distressed sale.

By Robert Freedman • Jan. 12, 2023

JPMorgan shuts down college-aid site Frank amid legal dust-up

The bank is suing the startup’s founder for exaggerating her platform's customer base ahead of JPMorgan’s 2021 purchase.

By Dan Ennis • Jan. 12, 2023

Some California tech firms post wide pay ranges in wake of new law

Just shy of 50% of California tech companies are in compliance with the new salary range law, according to a new tracker.

By Ginger Christ • Jan. 12, 2023

How to use software to strengthen data privacy compliance

Exterro says its Smart Data Inventory solution helps companies keep up with evolving laws, including by indicating when privacy impact assessments are required.

By Lyle Moran • Jan. 10, 2023

P.F. Chang’s alleges UKG lost, destroyed employee data

The restaurant chain's lawsuit alleges that it first discovered some of its data had not successfully transferred from UltiPro in December 2021.

By Ryan Golden • Jan. 10, 2023

Former NFL attorney details his work on league’s sports betting deals

Doug Mishkin, a new partner at Bryan Cave Leighton Paisner, will bring his in-house experience handling the league’s sports gambling-related transactions to bear.

By Lyle Moran • Jan. 9, 2023

Ensuring your firm’s success

Make smarter decisions with our shipping software, backed by real-time data and insights designed to take your shipping to the next level.

Jan. 9, 2023

6 in-house legal trends to watch in 2023

Legal chiefs will be expected to do more with less even while operational costs rise and compliance risks grow.

By Robert Freedman and Lyle Moran • Jan. 6, 2023

Trustmark announces $100M settlement for Ponzi scheme

The settlement, which still requires judicial approval, would spare the bank from a pending trial on the matter, set to start Feb. 27.

By Dan Ennis • Jan. 6, 2023

FTC begins crackdown on noncompetes

Three companies and two individuals were cited the same week the agency announced plans to ban such agreements entirely.

By Kathryn Moody • Jan. 6, 2023

Social media can funnel candidates into the hiring process — but not replace it

Employers can use social media to tell prospective candidates a story, sources said, but must beware of potential pitfalls.

By Jen A. Miller • Jan. 5, 2023

Non-competes would be illegal under FTC’s proposed rule

If finalized as written, both new and existing non-competes, along with some non-disclosure agreements, would be banned as unfair practices that harm competition. 

By Robert Freedman • Jan. 5, 2023

CFO turned SPACs into personal banks to fund crypto, meme investments

Former African Gold finance chief used the company’s operating funds for his own use and then created two more SPACs to generate additional money for himself, the Securities and Exchange Commission says.

By Robert Freedman • Jan. 4, 2023

Wells Fargo escapes $300M fair-housing suit, but win is lost amid CFPB payout

At least twice in 2022, the bank saw a double dose of multimillion-dollar news in a 24-hour span, and somehow mortgage cases always lose out.

By Dan Ennis • Jan. 3, 2023

How GCs can prevent universal proxy cards from disrupting strategy

The impact of the SEC’s new director voting system remains to be seen, but a legal leader’s role in consensus-building is clear.

By Robert Freedman • Jan. 3, 2023

The benefits of efficient, effective shipping solutions

A well-integrated shipping and mailing solution can save time and money while ensuring that critical information is delivered accurately and on time.

Jan. 3, 2023

The unspoken crisis in men’s mental health — and how employers can help

For many men, the traditional approach is not working, one expert told HR Dive.

By Emilie Shumway • Dec. 20, 2022

Tesla gains by using arbitration, but, like Twitter, it might end up losing

The use of mass arbitration as a tactic could end up making the Elon Musk-led company wonder if it would be better off in the court system.

By Robert Freedman • Dec. 20, 2022