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SEC Scrutiny of Stock Plans Could Spell Trouble
A popular vehicle for insider executives at public companies to sell their stock, 10b5-1 plans were devised by securities regulators as a defense against insider trading allegations � as long as executives create them at a time when they don't possess any material, nonpublic information. But now these kinds of arrangements have come under fresh scrutiny.Australian Merger Set to Make DLA Piper World's Largest Law Firm
Chief Legal Officers' Compensation Up 15.5 Percent
General counsel who are among the highest-paid executives at large Texas companies earned a little more silver to put in their pockets in 2010 than the year before. Wayne Watts, senior executive vice president and general counsel of AT&T Inc. in Dallas, heads the list of the best-paid general counsel in 2010 in Texas with total compensation of $9,244,814.Daily Decision Service Alert: Vol. 22, No. 189 - September 30, 2013
Daily decision alert.Munger Tolles Avoids Lateral Motion
Amid the unbridled lateral movement of recent years, one law firm has largely kept its partnership closed to outsiders. In the past 10 years, Los Angeles-based Munger, Tolles & Olson has not had one partner-to-partner hire from another law firm. "You never know what you're going to get with a lateral," says the firm's co-managing partner Mark Helm. Its strategy is working: Munger Tolles ranks among the top California shops with $1.3 million profits per partner, even with an all-equity partnership.P&G, Coke push ad firms to drop billable hours
For Grey Global Group Inc., its contract to create TV, print and Internet advertisements for Procter Gamble Co.'s Pringles isn't just about selling potato chips. It's about the end of billable hours. Instead of being paid for hours clocked devising promotions for rice potato chips or crispy cracker sticks, Grey earns an undisclosed fee upfront and add-on payments for sales and market share gains.Trending Stories
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