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March 20, 2024 | Corporate Counsel

Paralegals Systemically Underpaid When They Jump to Legal Ops Roles

"The person who is put into that role should be given the comp that the role dictates, not the comp that the person had in the paralegal role," said former Microsoft Assistant General Counsel Lucy Bassli, now a principal at InnoLaw Group.
5 minute read
March 19, 2024 | The American Lawyer

PEP Talk: The Am Law 100's Quiet Boost

If only we could boost the legal industry's mental health as easily as U.S. law firms are boosting profits, the Global Lawyer writes.
8 minute read
March 19, 2024 | National Law Journal

Supreme Court Briefly Lets Texas Enforce Aggressive Immigration Law

"Texas can now immediately enforce its own law imposing criminal liability on thousands of noncitizens and requiring their removal to Mexico," Justice Sonia Sotomayor wrote in a dissent joined by Justice Ketanji Brown Jackson.
5 minute read
March 19, 2024 | Corporate Counsel

Frustrated Subway Franchisees Hire Legal Heavy Hitter to Press Their Case

"The mandatory discounting and the remodels are going to drastically cut into what's left of their profits to the point that they will not be able to stay in business," said Robert Zarco, who represents the North American Association of Subway Franchisees.
2 minute read
March 19, 2024 | Corporate Counsel

As Fraud Trial Opens, Tech Titan Who Wooed HP Cast as Accounting Alchemist, 'Startup Guy' Who Delegated Details

"HP needed someone to blame. They had an $11 billion debacle on their hands. They were actually better at finding a scapegoat than at integrating a company," Reid Weingarten, lead attorney for Autonomy CEO Mike Lynch, told a jury Monday.
6 minute read
March 19, 2024 | Daily Business Review

Why We Need Florida Statutes Chapter 558, And Why It's Effective

In a world of mandatory arbitration provisions, limitations on damages, and expensive, intentionally drawn-out litigation, Chapter 558 is an effective mechanism to place owners and builders on level footing.
6 minute read
March 19, 2024 | Corporate Counsel

Legal Chiefs Snaring Hefty Golden Parachutes as Merger Activity Perks Up

"I think there is a point that they become so large that they encourage executives to take the deal, regardless of whether it is in the best interests of the shareholders," said Cindy Schipani, a professor of business law at the University of Michigan.
4 minute read
March 18, 2024 | Corporate Counsel

Goldman Sachs Reports 2023 Comp for CLO Kathryn Ruemmler

Kathryn Ruemmler and other top executives benefited in 2022 from the granting of millions of dollars in so-called shareholder value-creation awards. But last year, as the company retreated from an unsuccessful push into providing consumer loans for the masses, it awarded no SVC grants.
2 minute read
March 18, 2024 | The Legal Intelligencer

Deferred Action for Labor Enforcement: Protections for Immigrants Facing Workplace Abuse

By providing a path to stable employment and protection against deportation, DALE greatly reduces the risks noncitizens face when reporting labor and workplace rights violations. In so doing, DALE facilitates cooperation with law enforcement investigations and promotes trust in the law and judicial processes.
7 minute read
March 18, 2024 | The American Lawyer

Kirkland Crosses $7B Mark, With Steady And Countercyclical Business Drivers

The firm continued to improve its profit margin, as average PEP rose nearly 6% to $7.955 million, according to American Lawyer reporting.
5 minute read

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