February 27, 2020 | Corporate Counsel
MLB's Unauthorized (and Ridiculous) Crisis Guide for OwnersThe news coverage following this scandal has been distressing for Houstonians. But Jim Crane, the Astros' owner, seems to be persevering. None of the Astros players were penalized. We still have the trophy. And eventually, people will talk about something else (hurry up election 2020).
By Ryan McConnell and Meagan Baker Thompson
9 minute read
March 19, 2019 | Corporate Counsel
Admission Scandal Puts Spotlight on University Compliance ProgramsThe college cheating scandal hit close to home for us for two reasons. First, the people involved: Aunt Becky (Lori Loughlin), Lynette Scavo (Felicity Huffman), college athletic officials. It turns out they can make bad choices like anyone else.
By Ryan McConnell and Meagan Baker
4 minute read
February 12, 2019 | Corporate Counsel
Wells Fargo Report Offers Insight Into Evolving Board Risk Management ExpectationsEven if you are not a Wells Fargo customer, it's easy to empathize with them and see how the corporate ship veered off course. But the lesson is not new or novel. History is replete with examples of misguided corporate incentives undermining culture—from the Dutch East India Co. to Enron—second verse, same as the first.
By Ryan McConnell and Meagan Baker
7 minute read
October 24, 2018 | Corporate Counsel
Using Halloween to Embed the Legal Department Into the BusinessThe legal function continually tries to show alignment with the business—that they get the business, align with the strategy, are good partners, guardians of the company, and trusted counsel. Halloween is a good opportunity to really show the business what you're made of.
By Ryan McConnell and Meagan Baker
5 minute read
October 01, 2018 | Corporate Counsel
Add Rocket Science to Your Risk Assessment With NASA ProcessPrograms just don't work without the right talent. Smart compliance leaders get that. Once companies figure out the people piece (which is not easy), evaluating the risk environment and regulatory requirements helps companies develop programs to address those areas across different subject matters and business units.
By Ryan McConnell and Meagan Baker
8 minute read
July 30, 2018 | Corporate Counsel
California Consumer Privacy Act Elevates Austin as Prime Tech DestinationCompanies doing business in California turn their nose at the CCPA at their own peril.
By Ryan McConnell and Meagan Baker
1 minute read
December 18, 2017 | Corporate Counsel
University of Texas Law Compliance Series Offers Holiday Gift for Compliance ProfessionalsIn November, the University of Texas Law School closed the curtain on a unique compliance series designed to teach compliance through basic core tenets. The modules, which aired in September and November, were moderated by one of your columnists.
By Ryan McConnell, Meagan Baker and Stephanie Bustamante
4 minute read
December 01, 2017 | Texas Lawyer
The Seinfeldian Compliance ModelCompliance remains a people business. And behavioral economics is the study of why people do what they do.
By Ryan McConnell, Meagan Baker, and Stephanie Bustamante
6 minute read
June 20, 2017 | Inside Counsel
Why You May Not Be Getting 'Fair Value' With Discounted Legal RateIn 2010, William Poundstone wrote a book on pricing called Priceless: The Myth of Fair Value (and How to Take Advantage of It). Poundstone lays out…
By Ryan McConnell, Meagan Baker
6 minute read
June 19, 2017 | Corporate Counsel
Why You May Not Be Getting 'Fair Value' With Discounted Legal RateLaw firms will continue to use anchoring as a pricing model for legal work. Billable hours are very conducive to it. In-house counsel would be wise to read William Poundstone's book called 'Priceless: The Myth of Fair Value (and How to Take Advantage of It)' to understand the principles behind the pricing model. Once you do, you'll never look at a law firm discount the same.
By Ryan McConnell and Meagan Baker
6 minute read
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