Greg Andrews is the editor overseeing ALM Media's coverage of corporate legal departments. He previously was editor of Indianapolis Business Journal and business editor of The Indianapolis Star. Contact him at [email protected]. On Twitter: @Greg_Andr
January 30, 2023 | Corporate Counsel
'The Fish Rots From the Head Backward': Why Fixing Wells Fargo's Culture Is Taking So LongAn internal investigation of the bank's fake-account scandal found that the legal department focused on case-by-case risks and failed to grasp the cultural meltdown. In short, "They simply could not see the forest for the trees," according to a 2018 analysis by Eversheds Sutherland.
By Trudy Knockless | Greg Andrews
7 minute read
January 30, 2023 | Corporate Counsel
Bankman-Fried's Effort 'to Reconnect' with FTX GC Creates Furor in Criminal CaseProsectors say the FTX founder's contact with Ryne Miller this month might constitute witness tampering. Bankman-Fried's attorneys argue he was merely trying to provide "assistance."
By Greg Andrews
3 minute read
January 26, 2023 | Law.com
Inside Track: How Legal Teams Can Help Keep Activist Investors at Bay"If an activist does buy into a company, the company should seek to meaningfully engage with the activist, rather than ignoring them or dismissing them out of hand," the law firm Herbert Smith Freehills said in a client briefing.
By Greg Andrews
5 minute read
January 19, 2023 | Law.com
Inside Track: HR's Embrace of AI Will Keep Legal Departments Busy"Ensuring responsible use of AI is a team sport requiring engagement from the business, marketing, security, privacy, legal, compliance, and human resources departments," Morgan Lewis said in a client briefing.
By Greg Andrews
5 minute read
January 18, 2023 | Corporate Counsel
Signing Bonus Juiced Disney GC's First-Year CompensationHoracio Gutierrez has had an eventful first 12 months at the entertainment giant, with his boss ousted in November and proxy fight launched this month.
By Greg Andrews
3 minute read
January 12, 2023 | Law.com
Inside Track: Companies Face More Lawsuit Risks from Climate Claims"If you want to market your products as eco-friendly, you need to walk the walk by making sustainability part of your business model," said Mark Henriques, a partner at Womble Bond Dickinson.
By Greg Andrews
5 minute read
January 05, 2023 | Law.com
Inside Track: More Companies Jettison Employment ContractsThe agreements have fallen out of favor in part because they don't really lock down executives. Plus, they sometimes throw the spotlight on rich compensation packages, creating PR headaches.
By Greg Andrews
4 minute read
December 29, 2022 | Law.com
Inside Track: Why a New Logo Gave Kroger Legal Heartburn"This case is proof that you never know how a phrase or a symbol might strike the public," said J. William Manuel, a partner at Bradley Arant Boult Cummings.
By Greg Andrews
4 minute read
December 28, 2022 | Corporate Counsel
It Was a Wild Ride: Check Out the Top In-House Stories of 20222022 began with a sizzling job market and ended with a barrage of legal department layoffs. In between, Elon Musk often dominated the headlines. Our slideshow covers the highlights.
By Greg Andrews
1 minute read
December 27, 2022 | Corporate Counsel
Netflix Legal Chief Chops Salary by $2M in Order to Get Larger Trove of Stock OptionsDavid Hyman's move suggests that he is bullish the company's shares will rebound after losing more than half their value in 2022.
By Greg Andrews
2 minute read
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