September 15, 2023 | Corporate Counsel
Legal Departments Poised to Go on Tech Spending Spree to Bolster ComplianceA Gartner report projects a 50% increase in spending on governance, risk and compliance technology by 2026—a surge sparked by rising regulatory requirements.
By Chris O'Malley
3 minute read
September 15, 2023 | Corporate Counsel
Strike Will Sting Auto Suppliers, but How Much Depends on Fine Print in Contracts"The automotive supply chain is incredibly resilient, but a strike lasting more than several weeks will likely cause some suppliers to seek bankruptcy protection," said Ann Marie Uetz, a partner at Foley & Lardner.
By Chris O'Malley
4 minute read
September 14, 2023 | Corporate Counsel
Auto Suppliers Aim to Avoid Legal, Financial Mayhem as UAW Strike Looms"The automotive supply chain is incredibly resilient, but a strike lasting more than several weeks will likely cause some suppliers to seek bankruptcy protection," Ann Marie Uetz, a partner at Foley & Lardner, said.
By Chris O'Malley
3 minute read
September 11, 2023 | Corporate Counsel
Ex-Facebook Lawyer Takes Legal Reins of GM-Backed Battery StartupMitra Future Technologies is focusing on North American production and distribution, believing it can overcome the stronghold China currently has in the lithium-ion battery market.
By Chris O'Malley
3 minute read
September 11, 2023 | Corporate Counsel
Antitrust Enforcers Throw Wrench Into M&A by Dusting Off Long-Ignored Governance RuleThe FTC last month forced drastic changes to a $5.2 billion energy deal by invoking the Clayton Act's prohibition on having a director of one company also serve as a director of a competitor.
By Chris O'Malley
5 minute read
September 07, 2023 | Corporate Counsel
Rule Hastening Disclosure of Cyber Breaches Likely to Ignite Litigation, Insurance Headaches"My fear is the disclosures that the rules require companies to make in a big rush may force companies to have to 'go public' before they fully understand the situation," insurance executive Kevin LaCroix wrote in a blog post.
By Chris O'Malley
7 minute read
September 06, 2023 | Corporate Counsel
Former PayPal Legal Chief Lands at Disney After 2 Years of RenewalLouise Pentland made a surprise exit from the fintech star at the height of the Great Resignation, saying, "None of us are maximizing our potential if we continue in the same role forever."
By Chris O'Malley
3 minute read
September 05, 2023 | Corporate Counsel
Proposal Extending OT Pay Has Employers Worked Up Over CostBusinesses could exempt themselves from compliance by shifting employees to hourly status, but doing so could harm morale and diminish those workers' career-advancement potential.
By Chris O'Malley
4 minute read
August 31, 2023 | Corporate Counsel
Outcome of 'Self-Driving' Vehicle Suits May Hinge on Innovators' Risk-Management Strategies"Legal reality is likely to be less accepting of driver responsibility than the car manufacturers might hope," said Cassandra Burke Robertson, a law professor at Case Western Reserve University.
By Chris O'Malley
5 minute read
August 30, 2023 | Corporate Counsel
Historic NLRB Ruling Gives Workers Path to Unionize Without Having to Vote"These changes radically shift the legal landscape for companies," Morgan, Lewis & Bockius wrote in a note to corporate clients, and "make it much easier for unions to organize."
By Chris O'Malley
6 minute read
Trending Stories