July 20, 2023 | Corporate Counsel
As Cyberattacks Rise, Firms Face 'Significantly Broadened' Duty to Protect Worker Data"The employee is handing you this information so they can do their job as your employee. And so you have to take reasonable steps to protect it," said Becky Baker, a Vinson & Elkins partner.
By Maria Dinzeo
5 minute read
July 19, 2023 | Corporate Counsel
OpenAI's Lawyer-Hiring Spree Drawing From Tech Elite"I think many people would rather work on a new problem than a settled problem. Here, there is a lot more opportunity to work on unsettled legal and policy questions," said Adam Kovacevich, CEO of Chamber of Progress.
By Maria Dinzeo
8 minute read
July 17, 2023 | Corporate Counsel
Wachtell Lipton Star Sabastian Niles Joins Salesforce as Legal ChiefNiles is giving up his lustrous career at Wachtell Lipton to become a top executive at Salesforce, one of his clients.
By Maria Dinzeo
3 minute read
July 17, 2023 | Corporate Counsel
Republican AGs Tell Fortune 100 They're Ready to Pounce on Discriminatory DEI ProgramsThe letter sent by the attorneys general says "race-based employment and contracting violates both state and federal law, and as the chief law enforcement officers of our respective states we intend to enforce the law vigorously."
By Maria Dinzeo
2 minute read
July 14, 2023 | Corporate Counsel
OpenAI Probe Sends Powerful Reminder to AI Players That Regulatory Land Mines Are Everywhere"Don't exaggerate what your AI can do. And what the FTC means by this is that your performance claims have to have scientific support behind them," artificial intelligence expert Cara Hughes said at a webinar Thursday on the regulatory risks around AI.
By Maria Dinzeo
6 minute read
July 12, 2023 | Corporate Counsel
VantageScore Snags Former Visa Counsel for GC RoleKimberly Schmid is taking the legal reins of a fintech whose rapid growth is shaking up the credit bureau industry.
By Maria Dinzeo
2 minute read
July 06, 2023 | Corporate Counsel
Antitrust Blitzkrieg Against Google Tests Company on Myriad FrontsTech analyst Joseph Teasdale said the intense regulatory scrutiny could hamstring Google as it seeks to outmaneuver rivals, leaving it "very wary about wielding its full power."
By Maria Dinzeo
9 minute read
July 03, 2023 | Corporate Counsel
Job-Hopping Biotech Lawyers Losing Leverage as Funding Challenges Chill Sector"Companies are not hiring at the same pace, for sure, and searches are taking longer to close, as companies are being a lot more introspective on who to hire," said Deb Thompson, a Major, Lindsey & Africa partner.
By Maria Dinzeo
4 minute read
June 29, 2023 | Corporate Counsel
Lawsuit Claims Accused FTX 'Fixer' Daniel Friedberg Silenced Whistleblowers, Enabled Fraud at Bankrupt Crypto ExchangeA lawsuit against Sam Bankman-Fried's so-called "fixer" Daniel Friedberg says the former FTX lawyer breached his duty "to ensure that proper safeguards were in place to prevent FTX insiders from looting the company."
By Maria Dinzeo
3 minute read
June 29, 2023 | Corporate Counsel
Research Unearths an Ugly Truth: Lawyers Are Undermining Cybersecurity"There have been a string of opinions that have put lawyers in a position where if they were to do their job competently they would essentially be putting their clients at risk because they would be creating documents that can be used in litigation or an investigatory proceeding," said David Saunders, a partner at McDermott Will & Emery.
By Maria Dinzeo
8 minute read
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