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November 18, 2024 | National Law Journal

Am Law 100 Partners on Trump’s Short List to Replace Gensler as SEC Chair

“Gensler’s framework will continue to exist and be an option for whoever sits at the SEC going forward,” said Dorothy Lund, a leading expert on securities regulation and professor at Columbia Law School.
4 minute read
November 18, 2024 | Corporate Counsel

Ballooning Workloads, Dearth of Advancement Opportunities Prime In-House Attorneys to Pull Exit Hatch

"Unfortunately, the research shows the attrition risk is blinking red," according to the "2024 In-House Report," from Axiom and Wakefield Research.
3 minute read
November 18, 2024 | Corporate Counsel

Companies' Dirty Little Secret: Those Privacy Opt-Out Requests Usually Aren't Honored

“Ignoring privacy requests in states where they are legally obligatory creates a huge legal risk. Most companies that do so usually don't have evil intentions but haven't properly configured their consent-management tools," said Jules Polonetsky, CEO of the Future of Privacy Forum.
8 minute read
November 15, 2024 | The Recorder

Elon Musk Names Microsoft, Calif. AG to Amended OpenAI Suit

Tesla CEO and billionaire Elon Musk has filed an amended complaint in his ongoing suit against OpenAI, naming Microsoft and California Attorney General Rob Bonta as additional defendants and adding both federal and state antitrust allegations to his original fraud and breach-of-contract claims against the ChatGPT maker.
4 minute read
November 15, 2024 | The Recorder

X Joins Legal Attack on California's New Deepfakes Law

X owner Elon Musk says the so-called Defending Democracy from Deepfake Deception Act violates the constitutional right to free speech as well as content-platform protections in Section 230 of the federal Communications Decency Act.
4 minute read
November 15, 2024 | New York Law Journal

Ben & Jerry’s Accuses Corporate Parent of ‘Silencing’ Support for Palestinian Rights

The claims are the latest in ongoing tensions between Ben & Jerry's and Unilever following the ice cream maker's decision to end sales in the Israeli-occupied West Bank.
3 minute read
November 15, 2024 | Corporate Counsel

'It's Not About Speed': Forging Strong Legal Department-Law Firm Relationships Starts With Humility, Trust

“The best partners are those who are willing to admit when they’re wrong and are open to learning. It’s frustrating when they just bulldoze ahead with their own strategies without considering our input,” said Nishat Ruiter, general counsel of TED Conferences.
6 minute read
November 15, 2024 | Corporate Counsel

Steward Health CEO Saga Signals Escalation of Coercive Congressional Oversight Against Private Parties

In September, amid the divisive runup to the election, Senate Democrats and Republicans found something they could agree on: the CEO of Steward Health Care should be referred for criminal prosecution for refusing to appear at a hearing. The Senate’s unanimous vote marked the latest escalation in the legislative branch’s use of its coercive powers against private individuals. As the 119th Congress assembles next year, this vote may be a harbinger of even more aggressive private sector oversight to come.
6 minute read
November 15, 2024 | Corporate Counsel

Shareholder Activists Poised to Pounce in 2025. Is Your Board Ready?

“The activists are very press-savvy. They know how to leak to the outlets. They're quite often quite good on CNBC. And CNBC becomes almost like their megaphone," said Steve Lipin, CEO of Gladstone Place Partners.
6 minute read
November 14, 2024 | Corporate Counsel

Republican Who Might Become FTC's Next Chair Blasts Democratic Commissioners' 'All Mergers Are Bad' Mindset

"The current administration's leadership of the FTC appears to think our default should be placing roadblocks in the way of all mergers, wherever possible," GOP commissioner Melissa Holyoak said at Thursday's board meeting.
7 minute read

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