Trudy Knockless is a reporter on ALM Media's Business of Law desk. She has a background serving legal and insurance publications. Contact her at [email protected] or on LinkedIn at Trudy Knockless.
March 22, 2024 | Corporate Counsel
CLO of North America's 5th-Largest Bank Promoted Ahead of Big MergerMaria Douvas has rapidly ascended the leadership rungs of the Royal Bank of Canada since joining the Toronto-based institution eight years ago.
By Trudy Knockless
2 minute read
March 20, 2024 | Corporate Counsel
Legal Departments Want to Shake 'Cost Center' Label But Unwittingly Reinforce the PerceptionOne challenge for legal departments is that it is hard to demonstrate the value of something not happening—a threatened lawsuit not being filed or a regulatory fine not being assessed.
By Trudy Knockless
3 minute read
March 20, 2024 | Corporate Counsel
Paralegals Systemically Underpaid When They Jump to Legal Ops Roles"The person who is put into that role should be given the comp that the role dictates, not the comp that the person had in the paralegal role," said former Microsoft Assistant General Counsel Lucy Bassli, now a principal at InnoLaw Group.
By Trudy Knockless
5 minute read
March 19, 2024 | Corporate Counsel
Frustrated Subway Franchisees Hire Legal Heavy Hitter to Press Their Case"The mandatory discounting and the remodels are going to drastically cut into what's left of their profits to the point that they will not be able to stay in business," said Robert Zarco, who represents the North American Association of Subway Franchisees.
By Trudy Knockless
2 minute read
March 18, 2024 | Corporate Counsel
Goldman Sachs Reports 2023 Comp for CLO Kathryn RuemmlerKathryn Ruemmler and other top executives benefited in 2022 from the granting of millions of dollars in so-called shareholder value-creation awards. But last year, as the company retreated from an unsuccessful push into providing consumer loans for the masses, it awarded no SVC grants.
By Trudy Knockless
2 minute read
March 18, 2024 | Corporate Counsel
Exclusive: Microsoft CLO Nowbar on AI, His 'Immigrant Journey' and Why He Refuses to Play It Safe"Technology is inevitable. How it pushes our culture to evolve is inevitable. Instead of denying it and just expecting things to catch up with you, you can apply ownership to it," Microsoft Chief Legal Officer Hossein Nowbar said.
By Trudy Knockless
11 minute read
March 15, 2024 | Corporate Counsel
Discover CLO Scored $3M Change-in-Control Payment in 2023—And May Get an Even Bigger One This YearHope Mehlman, who helped engineer the $16 billion sale of her last employer, Bank of the West, before joining Discover, now is helping Discover try to sell itself for $35 billion.
By Trudy Knockless
3 minute read
March 15, 2024 | Corporate Counsel
In-House Attorneys Still Embrace ESG, But Struggle to Keep Up"ESG is a big part of who we are and what we do and is part of our story," one in-house leader told FTI Consulting.
By Trudy Knockless
3 minute read
March 13, 2024 | Corporate Counsel
After Honing Skills at Pharma Heavyweight, Attorney Takes First GC Post"I love the fast pace and urgency," said Andy Rittenberg, the newly appointed general counsel of Coherus BioSciences. "We have a lot on our plates and accomplish a lot with a small team."
By Trudy Knockless
2 minute read
March 12, 2024 | Corporate Counsel
MoneyGram Hires New GC Following $1.8B BuyoutCory Feinberg, who was with Bank of America before joining MoneyGram in 2015, is taking the legal reins of the now-privately held company.
By Trudy Knockless
2 minute read
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