March 24, 2023 | Corporate Counsel
To Lure New GC From Big Law, Baxter International Paid Handsome SumDavid S. Rosenbloom was offered a $2.5 million stock award to help lure him from a law firm where the average profits per equity partner was $3.32 million.
By Chris O'Malley
3 minute read
March 23, 2023 | Corporate Counsel
FTC's 'Click to Cancel' Proposal Escalates Legal Peril for Sellers"The FTC is looking to even the playing field between company and consumer. Companies must ask whether their off-boarding workflow is as seamless as the onboarding workflow," said Aaron Maguregui, senior counsel at Foley & Lardner.
By Chris O'Malley
5 minute read
March 23, 2023 | Corporate Counsel
Trust in Big Tech Is Plunging, Putting Sector at Crossroads"Organizations that ignore or downplay the ethical issues associated with developing and using emerging technologies risk multiple forms of legal, reputational and organizational damage that can erode profitability and trust," according to Beena Ammanath, managing director of Deloitte Consulting.
By Chris O'Malley
5 minute read
March 21, 2023 | Corporate Counsel
Flowers, Butterflies on Label of P&G's Gain Help Ensnare Firm in Greenwashing SuitMore companies are facing similar suits as plaintiffs attorneys enlist laboratories to test products for levels of potentially dangerous chemicals.
By Chris O'Malley
5 minute read
March 21, 2023 | Corporate Counsel
Ex-State Government GC Alleges Age, Gender Discrimination and Retaliatory FiringClaudia Conner, who is over 60 and worked for Oklahoma state agencies for decades, says she got the ax after reporting to HR that a vendor made inappropriate remarks to employees.
By Chris O'Malley
4 minute read
March 17, 2023 | Corporate Counsel
SEC Spanks Blackbaud Over Lapses in Reporting Ransomware AttackThe cloud computing company will pay $3 million to resolve the probe, the latest evidence of the SEC's push to make companies report incidents faster and more accurately.
By Chris O'Malley
5 minute read
March 16, 2023 | Corporate Counsel
Bill and Melinda Gates Foundation Appoints New Legal ChiefThe world's largest charitable foundation tapped a longtime member of its legal department to succeed Connie Collingsworth, who has retired after 20 years as CLO.
By Chris O'Malley
2 minute read
March 16, 2023 | Corporate Counsel
Legal Chiefs Increasingly Handle Legwork to Avoid Cyber Insurance Sticker Shock"An insured has to be able to tell a good story," said Daniel Burke, senior vice president of the cyber practice at Woodruff Sawyer & Co.
By Chris O'Malley
6 minute read
March 13, 2023 | Corporate Counsel
FTC's 'Made in USA' Probes Leading to Stiff Penalties, but They Sometimes Shrink"Companies have a continuing obligation to ensure that their claims are truthful and substantiated, including when temporarily changing a supply chain to outside the United States," according to Holland & Knight attorney Anthony DiResta.
By Chris O'Malley
5 minute read
March 13, 2023 | Corporate Counsel
HCA Healthcare's New Legal Chief Outearned Fellow Execs Except for CEO in 2022Michael McAlevey joined the hospital giant after a 19-year GE career that included top posts at GE Aviation and GE Healthcare.
By Chris O'Malley
2 minute read
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