September 03, 2021 | Corporate Counsel
Kraft Heinz, Ex-Execs Fined $62.4M for Bogus Cost-Savings Scheme"Improper expense management practices" and a "pervasive breakdown in accounting controls" opened the door for the alleged misconduct, according to the SEC.
By Phillip Bantz
2 minute read
September 02, 2021 | Corporate Counsel
'Some Sort of Cultural Defect': In-House Lawyers Have Dim View of Companies Bucking Remote Work Trend"Particularly among the younger attorneys, they take that as a personal insult," said legal recruiter Carolyn Aberman in Chicago.
By Phillip Bantz
3 minute read
August 31, 2021 | Corporate Counsel
Benjamin Moore's New Senior Counsel to Face Big Hurdles for 'Golden Opportunity'"It's kind of a nice, sneaky way of coming in where they're not viewing you as the general counsel, but you could ultimately have that role," said John Gilmore, co-founder and managing partner of executive search firm BarkerGilmore.
By Phillip Bantz
3 minute read
August 27, 2021 | Corporate Counsel
FedEx, Procter and Gamble Oppose Shareholders' Diversity ProposalsThe proposals, which P&G and FedEx disclosed in recent proxy filings, are the latest examples of mounting ESG pressures on major corporations.
By Phillip Bantz
4 minute read
August 25, 2021 | Corporate Counsel
How General Counsel Can Become Effective Change Agents"It's important to create a coalition of people across multiple roles and tenures and understand their past history with change," said legal department adviser Kevin Clem, chief commercial officer at HBR Consulting in San Diego.
By Phillip Bantz
5 minute read
August 24, 2021 | Corporate Counsel
Nike Investors Want to Know if the Company Is 'Woke-Washing'A new shareholder proposal would force Nike to disclose the results of its diversity, equity and inclusion efforts.
By Phillip Bantz
3 minute read
August 23, 2021 | Corporate Counsel
Fidelity's Compliance Chief Exits for GC Role at Jackson FinancialCarrie Chelko, a financial industry in-house veteran, will take over as chief lawyer and secretary when Jackson completes its split with Prudential.
By Phillip Bantz
2 minute read
August 20, 2021 | Corporate Counsel
Benjamin Moore Looking for Senior Counsel After Dismissing Entire Legal DepartmentThe Berkshire Hathaway-owned company posted a job listing Friday seeking a senior counsel who will report to the chief administrative officer and chief financial officer.
By Phillip Bantz
2 minute read
August 20, 2021 | Corporate Counsel
Major Corporate Legal Departments Join Big Law, Reynen Court to Speed Adoption of Legal TechThe new in-house consortium includes global banks Barclays, BNP Paribas, Morgan Stanley and UBS Group AG, along with tech firms Cisco Systems Inc., Intel Corp., DXC Technology and multinational telecom company Ooredoo Group.
By Phillip Bantz
2 minute read
August 19, 2021 | Corporate Counsel
Confidence in Risk and Compliance Programs Grows, Despite Lack of ResourcesA new survey suggests that programs are maturing rapidly, but weak points remain.
By Phillip Bantz
4 minute read