May 30, 2023 | Corporate Counsel
Amazon Turns Around Declining Shareholder Support for Exec PayThe tech giant launched a shareholder-outreach effort last year after support for its executive compensation plunged to 56%, down from 97% in 2019. That push appears to have won over some investors.
By Chris O'Malley
3 minute read
May 30, 2023 | Corporate Counsel
Strapped Legal Departments Finding Savings by Shifting Litigation to Smaller Law Firms"Clients are starting to understand that there are a lot of good attorneys out there that can provide lower-matter-value services at better prices," said Ken Callander, principal at Value Strategies.
By Chris O'Malley
4 minute read
May 26, 2023 | Corporate Counsel
Even as Multimillion-Dollar Fines Pile Up, Dollar General Says It's Making 'Sustained Effort' on Safety"As one of the nation's largest retailers, the company must focus its attention on resolving these issues and making corporate-wide changes to protect the safety and well-being of the people they employ," OSHA Assistant Secretary Doug Parker said.
By Chris O'Malley
4 minute read
May 24, 2023 | Corporate Counsel
SEC Keeps Delaying Rollout of Controversial Climate Disclosure Rules"Given the legal and political challenges, along with the need to craft a balanced set of rules—one that would be likely to survive a court challenge—it's hardly surprising that the process is taking longer than anticipated," according to Cydney Posner, a Cooley special counsel.
By Chris O'Malley
4 minute read
May 23, 2023 | Corporate Counsel
Judge Lets In-House Attorney Fearing 'Reputational Harm' From FDA Probe Keep Anonymity for NowChief Judge James Boasberg seemed underwhelmed with the attorney's arguments but granted the request anyway. Boasberg said the judge who'll be assigned the case might reach a different conclusion.
By Chris O'Malley
3 minute read
May 23, 2023 | Corporate Counsel
DOJ's New Self-Reporting Program Leaves Companies With Tough Call on Whether to Fess up"You're going to see scrutiny like you've never seen before," BakerHostetler partner John Carney said of the DOJ's pursuit of wrongdoing. "It's not like 20 years ago, when a company would circle the wagons and contain it."
By Chris O'Malley
5 minute read
May 19, 2023 | Corporate Counsel
Corporate Legal Departments See ESG Among Growing Future Risks"If we agree that ESG encompasses data privacy and cybersecurity, then ESG rises to the top as one of the most important risks on the horizon over the next three to five years by corporate legal departments around the world," Reuters analyst Natalie Runyon wrote.
By Chris O'Malley
3 minute read
May 17, 2023 | Corporate Counsel
Mystery In-House Attorney Trying to Keep Name Out of Apparently Damning FDA Inspection ReportThe unusual lawsuit alleges that publicly disclosing the attorney's name would cause the attorney irreparable reputational and career damage.
By Chris O'Malley
3 minute read
May 17, 2023 | Corporate Counsel
Companies Pushing Back Against FTC's Voluminous Records RequestsTotal Wine & More argues the FTC has gone way overboard with document requests for the agency's probe of Southern Glazer's Wine and Spirits, one of its suppliers. Firms targeted or on the periphery of other inquiries also are complaining.
By Chris O'Malley
6 minute read
May 15, 2023 | Corporate Counsel
Adobe Associate GC Takes Legal Reins at Fast-Rising Go1Stephanie Warner has joined a corporate education provider with star-studded backers, including Microsoft and Salesforce.
By Chris O'Malley
2 minute read
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