On The Job
The attention being paid to cybersecurity by both government and businesses in the U.S. has reached unprecedented heights, according to a new outlook report from Gibson, Dunn & Crutcher.
Although business bankruptcy filings have trended down in recent months, the lingering legacy of litigation prompted by the surge in filings at the outset of the U.S. financial crisis remains with us and continues to strike many general counsel with unexpected actions for recovery of payments made by the debtor in the run-up to a Chapter 11 case.
A handy list of business phrases that lawyers, consultants, and marketing folks love to throw around, but that few people actually understand.
You don't see them in court or their names in pleadings, but many legal departments and large firms have managing attorneys and clerks who work behind the scenes to meet court deadlines, keep records of litigation, and advise attorneys. They are the "lawyers to the lawyers," notes Henry Kennedy, president of Managing Attorneys and Clerks Association Inc.
Hourly rates are alive and well. In fact, they are skyrocketing. But despite rising hourly rates, clients are aggressively bargaining for price cuts—and firms are caving.
With corporate whistleblowers enjoying greater rewards and protections than ever, a company's best defense includes not only compliance with the law, but a workplace culture in which employees consider themselves to be allies of the company in achieving that compliance.
The controversy surrounding Rutgers University's basketball program has an important relevance to corporate governance—one that arises from the trend towards a more active and engaged board.
As prosecution risks have increased, so has the role of the chief compliance officer. Companies are fast recognizing the importance of elevating a CCO and protecting their independence.
The corporate conversation about sustainability issues isn't new, but senior leadership is thinking more strategically about sustainability and ears in the C-suite are starting to perk up, according to a new report from The Conference Board.
The real trick for a firm isn't offering discounts on rates, but instead figuring out what its distinguishing values are, what it does best, and what it can do profitably.
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