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March 28, 2012 | Law.com

FTC Orders Ohio Hospital Divestiture

1 minute read
February 18, 2000 | Law.com

Privacy v. Productivity

The lingo around the proverbial water cooler has changed in today's workplace -- "paramour preference," "cyber loafing," "e-commerce, union-style." And that's just a sample of how employment attorneys are explaining to their clients the legal pitfalls of the modern-day work environment. The trouble is, many companies are lagging behind in developing policies outlining what an employee can and cannot do in a world governed by click-and-send communications.
3 minute read
June 28, 2001 | Law.com

Craig Glidden, Chevron Phillips Chemical Co.

As a leading disciple of task-based management -- having written widely on the subject, spoken at seminars and even pitched the gospel to legal departments at Hewlett-Packard, Conoco and other companies -- Craig Glidden "leaped at the chance to be general counsel" of Chevron Phillips Chemical so he could try implementing the system in an in-house setting.
6 minute read
June 14, 2005 | Law.com

Supreme Court: Drug Patents No Bar to Rivals' Research

In a closely watched patent case, the Supreme Court on Monday gave drug companies broad leeway to use other companies' patented compounds in their own research, even at the earliest stages of drug development. Overturning a Federal Circuit decision, the Court's unanimous ruling in Merck KGaA v. Integra Life Sciences means companies can begin developing competing drugs and generics earlier in the life of a competitor's patent, enabling them to jump into the market as soon as a rival patent expires.
5 minute read
September 29, 2006 | Law.com

Gatekeeper GCs Increasingly Becoming Targets for Liability

When the SEC went after Biopure and its executives for misleading public statements, the company escaped without financial repercussions but the GC had to pay a $40,000 fine. The Biopure settlement illustrates the increase in government scrutiny of "gatekeepers," including GCs, responsible for safeguarding shareholder interests. Says attorney William Schuman, "We're seeing more inquiries and investigations where the conduct of in-house counsel is being examined every bit as much as the businesspeople's."
7 minute read
August 08, 2011 | National Law Journal

In Chicago, they like to do things in a big way

With an estimated 45,000 attorneys in the metropolitan area, Chicago is one of the fastest-growing legal centers in the country. And while many firms were forced to cut back during the recession, a significant number of out-of-town firms, both Midwestern regional and national, actually opened satellite offices here.
7 minute read
July 11, 2005 | Law.com

Pay Dirt

Five years ago, salaries for first-years reached $125,000 in major cities. Since then, firms have relied on the promise of bonuses rather than raises to drive recruitment. Now, as pressure builds for another salary increase, a few national shops have upped first-year pay by up to $10,000, and many midsize firms are offering higher compensation, too. But keeping rates flat might be a good thing, says one consultant, to avoid a "ruthless attempt to get every last drop of blood out of associates."
5 minute read
March 16, 2006 | Law.com

Offering Practices Set for Change

Recent reforms to the Securities Act of 1933 have begun to have an impact on securities distribution techniques. Two of these rule revisions have particular potential to alter some of the most basic securities-offering practices. The first is the permissible use of "free-writing" prospectuses, and the second is a new interpretive rule that moves up the time at which the adequacy of disclosure to investors is assessed for purposes of certain Securities Act liabilities.
11 minute read
January 12, 2006 | New York Law Journal

Court Finds ERISA Violation In 'Belated' Benefit Notice

The tardy disclosure by Xerox Corporation that it was reducing the benefits of over 100 employees who left the company but were subsequently rehired, has been called a violation of the the Employment Retirement Income Security Act by a federal appeals court.
7 minute read
January 26, 2005 | Law.com

Both Sides Now

The seminal Sarbanes-Oxley Act does not directly apply to nonprofit corporations. Yet many of their general counsel have become champions of "corporate responsibility." Some have had to overcome skepticism from their organization's leadership, who objected to committing their charity's resources to the governance cause. Why, then, do some nonprofit GCs fight this particular battle? Their reasons, and the strategies behind their success, should be useful to their for-profit counterparts.
5 minute read

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