Team Legal: The Unsuspecting Culture Champions
The importance of a sound and solid legal department cannot be overstated. Without it, a company teeters on the brink of chaos, facing potentially devastating legal and compliance issues that could erupt into loud, destructive, and irreparable crises.
June 11, 2024 at 10:57 AM
6 minute read
In the bustling ecosystem of any thriving company, several departments stand out for their visible impact on growth and success. Sales teams drive revenue, marketing creates brand recognition and finance manages money flow. However, amid these more visible departments sit our trusty legal teams. Often siloed and operating behind the scenes, their hard work and crucial contributions go mostly unnoticed by an organization's rank and file unless catastrophe strikes. A company whose legal team I had the privilege of serving was once asked by leadership to come up with a catchy tagline that snappily defined the department's value. Tongue-in-cheek, our corporate counsel suggested, "If it seems like nothing bad is happening … we're doing our job." She couldn't have said it better, and that became our official slogan.
Suffice it to say that the importance of a sound and solid legal department cannot be overstated. Without it, a company teeters on the brink of chaos, facing potentially devastating legal and compliance issues that could erupt into loud, destructive, and irreparable crises. Historically, the bedrock function of internal legal teams has been well-defined: they are the gatekeepers of compliance, the enforcers of rules, protectors from lawsuits, handlers of disputes and the mitigators of risk. An organization's proverbial shelter in the storm.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllPenn State Dickinson Law Dean Named President-Elect of Association of American Law Schools
With Chair Regularly on the Road, Duane Morris Names First Phila. Office Managing Partner
4 minute readTrending Stories
- 1An Eye on ‘De-Risking’: Chewing on Hot Topics in Litigation Funding With Jeffery Lula of GLS Capital
- 2Arguing Class Actions: With Friends Like These...
- 3How Some Elite Law Firms Are Growing Equity Partner Ranks Faster Than Others
- 4Fried Frank Partner Leaves for Paul Hastings to Start Tech Transactions Practice
- 5Stradley Ronon Welcomes Insurance Team From Mintz
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250