Chris O'malley

March 07, 2023 | Corporate Counsel

CEO Richard Gonzalez announced last fall that Schumacher was retiring at year-end, saying it is "difficult to overstate the extraordinary impact Laura has had on AbbVie."

By Chris O'Malley

2 minute read

March 03, 2023 | Corporate Counsel

"Bonuses and discretionary awards if not transparent could allow for one-sided deals. Favored employees could still come out ahead of others and biases could lead to inequities in pay," said Katerina Bezrukova, a management professor at the University of Buffalo.

By Chris O'Malley

4 minute read

March 02, 2023 | Corporate Counsel

"If a company has acquired or maintained monopoly power through anticompetitive means, they're liable under the antitrust laws whether or not they're exploiting their monopoly power by charging monopoly prices," said Daniel Crane, a professor at the University of Michigan Law School.

By Chris O'Malley

3 minute read

February 28, 2023 | Corporate Counsel

Review hijacking occurs when a marketer makes reviews for a highly rated product appear to apply to another. An FTC official said the tactic is "plain old false advertising."

By Chris O'Malley

3 minute read

February 28, 2023 | Corporate Counsel

"If companies want to avoid this trap, they should probably refrain from being explicit in looking for members of certain age demographics in general," said Michael North, an assistant professor at New York University.

By Chris O'Malley

6 minute read

February 27, 2023 | Corporate Counsel

Legal chief John Finley received a 25% pay boost in 2022, a year the private equity giant's stock price fell 43%. The company said some of the compensation was tied to results from a year earlier.

By Chris O'Malley

3 minute read

February 27, 2023 | Corporate Counsel

The legal expertise that served attorneys well as they ascended to deputy GC is no longer nearly enough to progress to the top job, consultant Susan Hackett said. "Start thinking like a businessperson."

By Chris O'Malley

7 minute read

February 24, 2023 | Corporate Counsel

"If the government's position were to prevail, a staggering number of federal agencies would have the unfettered ability to invade client confidences with an administrative subpoena," said Susanna McDonald, the Association of Corporate Counsel's chief legal officer.

By Chris O'Malley

4 minute read

February 22, 2023 | Corporate Counsel

The flexible workspace provider said that Jared DeMatteis is leaving to pursue other opportunities and that it has promoted Pam Swidler to succeed him.

By Chris O'Malley

2 minute read

February 22, 2023 | Corporate Counsel

One hundred percent of respondents reported being "stressed or burned out," and 94% said their current employer does not offer them the opportunity to develop all of the skills required to move up to GC, according to the study from Axiom and Wakefield Research.

By Chris O'Malley

3 minute read