LEGAL
The Insider: “Risk” is the new black
It’s difficult to be part of any business and not hear about “risk.” It’s everywhere. As my title suggests, risk is the new black. It’s on the lips of every CEO, CFO, and board member, as it should be. And, anything that is important to the board and the C-suite is important to the legal department. In fact, over the past five or so years, one of the key responsibilities that businesses are placing on in-house lawyers is spotting and managing risk.
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Is it time for in-house to in-house secondments?
If you work in-house at a large company, you’re probably familiar with secondments, the temporary placing of an outside attorney within the company. Secondments are becoming increasingly common, but the deal is almost always the same: An outside firm lawyer joins a client company for a month or two or three. But now some in-house attorneys are wondering: Isn’t it time that we seconded too?
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In-house attorney ethics and obligations on computer usage and learning
(Or what do I need to know about nanotechnology?)
There is a big difference between “then” and “now” when it comes to lawyers and technology. I think we can all agree that basic technological competence is intertwined with professional competence. So where do the attorneys ethical obligations begin and where do they end?
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EEOC files first lawsuits targeting sexual orientation discrimination as sex discrimination
At the beginning of March 2016, the Equal Employment Opportunity Commission (EEOC) announced that it had filed its first two lawsuits challenging sexual orientation discrimination as sex discrimination. The cases, EEOC v. Scott Medical Health Center and EEOC v. Pallet Companies, d/b/a IFCO Systems NA, respectively deal with workplace discrimination by employers against two gay employees.
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Survey shows a staggering 24% of consumers have been duped by online counterfeiters
In the U.S. alone, online retail sales are projected to grow 57% to $414 billion by 2018. As the volume of online shopping grows and the number of e-commerce channels increase, so do the opportunities for counterfeiters. As savvy shoppers seek out the best deals online, they face an increased risk from the sale of counterfeit goods by brand impersonators masquerading as legitimate sources for genuine products. These threats cause concern for both brand owners and their legal counsel.
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Money laundering is on the move, are you?
The 2015 FIFA scandal demonstrates just how far and wide money laundering now reaches, as all of the allegations incorporate elements of money laundering. The international body driving anti-money laundering (AML) laws and regulations, the Financial Action Task Force (FATF) has been in place more than a quarter century, and there is no doubt many successes have been achieved. Of course, as AML laws and regulations are enhanced, the money launderers evolve and adapt. As a phenomenon, money laundering impacts businesses way beyond banking and financial services.
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Director compensation; EU-US data transfers; Guidance on inquiry notice and equitable subordination
What does your company need to consider when compensating nonemployee directors? Plus the latest on the EU-US data transfer changes and the recent Seventh Circuit decision that highlights the importance of proper investigation into suspicious circumstances that may put a lender on inquiry notice.
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Top 10 things to know about ediscovery pricing models
Parties that outsource their ediscovery must take control of the ediscovery management process early. However, doing so presents some interesting and unique challenges for companies that do not have experience or expertise in dealing with the variety of ediscovery vendors. Managing ediscovery comes with a number of challenges.
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