Corporate counsel facing complex and rapidly evolving cybersecurity issues are consistently calling on seven law firms as their go-to's due to their unique ability to help businesses understand a web of legal risks and develop tailored plans to curb their exposure.
The Board of Alien Labor Certification Appeals has affirmed the denial of certifications for Apple Inc. to hire two foreign-born workers as a database administrator and a logistician, finding Monday that one candidate did not have the required qualifications and the other lacked the necessary experience.
The state of California is looking to improve its image as an attractive option for hosting commercial international arbitration proceedings by making it easier for foreign and out-of-state attorneys to participate in commercial arbitrations in the state, according to a report released Tuesday.
A bill by House Republicans seeking to rewrite the Dodd-Frank Act would bring major changes to the way primary banking regulators are funded and how much leeway they have in shaping the industry, ultimately making it harder to oversee Wall Street practices, attorneys and policy experts say.
The U.S. Securities and Exchange Commission on Tuesday handed over nearly $4 million, its 10th-highest whistleblower award to date, to an individual who alerted the agency about securities misconduct, bringing the program’s total endowment to approximately $153 million.
As the role of corporate general counsel expands to include more executive leadership duties, directors and executives of major companies desire attorneys with a more business-minded approach that complements their legal expertise to fill the position, a new study released Tuesday found.
The Senate Finance Committee unanimously approved the nomination of Robert Lighthizer to serve as the Trump administration’s U.S. trade representative Tuesday after resolving a procedural quarrel over the veteran trade attorney’s past advocacy for foreign governments.
Although Rep. Jeb Hensarling’s second shot at repealing Dodd-Frank faces an uncertain path to passage, experts say the Financial CHOICE Act 2.0 sends a clear message to the U.S. Securities and Exchange Commission to pull back its enforcement program and focus on capital formation — a message likely to be well received by the agency’s new leadership.
President Donald Trump’s efforts to eliminate tax regulations from the previous administration are misguided in a world where businesses crave clarity in interpreting tax laws, according to experts who say the White House should instead focus on facilitating rules that help with business planning and prevent the gaming of tax laws.
A Delaware state judge on Friday threw out the state’s accusations that Shell Oil Co., Ralph Lauren and Ruth’s Hospitality were trying to keep unclaimed gift card balances, finding the state had already brought identical claims against each company in administrative proceedings.
The Trump administration said Friday it will nominate National Labor Relations Board acting Chair Philip Miscimarra to take over the position permanently, and it has renominated Occupational Safety and Health Review Commission acting Chair Heather L. MacDougall for a fresh term.
U.S. Attorney General Jeff Sessions said in a speech Monday that the new administration will not bring a sea change in white collar enforcement, saying the U.S. Department of Justice “will continue to investigate and prosecute corporate fraud and misconduct.”
President Donald Trump has asked his White House staff to hurry up with a legislative proposal to cut the corporate tax rate to 15 percent despite potential repercussions for the federal deficit, according to a media report published Monday.
Fox News hacked on-air personality Andrea Tantaros and employed an army of fake “sockpuppet” social media accounts to stalk her after she complained internally about sexual harassment by ex-network chairman Roger Ailes and newly ousted star Bill O’Reilly, Tantaros alleged Monday in New York federal court.
A New York federal judge decided Monday that bankrupt women's apparel company BCBG Max Azria Group Inc. can escape a $7 million golden parachute payment to founder Max Azria's wife Lubov, ruling her employment contract and the company’s 2015 restructuring agreement are not integrated.
The U.S. Chamber of Commerce backed Cravath Swaine & Moore LLP in a documents dispute Friday, telling the Second Circuit that requiring the law firm to hand over Royal Dutch Shell material for a planned environmental and human rights lawsuit abroad will "chill" attorney-client communication.
The U.S. Supreme Court could soon force the Trump administration’s hand on a lawsuit involving Chinese companies accused of fixing prices on vitamin C, and a misstep could undermine the government’s already tumultuous relationship with one of the country’s most important trade partners.
After steadily increasing over the last few years, the number of H-1B visa petitions filed this spring dropped by over 30,000, and both immigration attorneys and government data suggest that the decline could be due to large information technology companies filing fewer requests for the skilled worker visas.
Samsung, Intel and other companies urged President Donald Trump on Thursday to crack down on owners of standard-essential patents who don’t license them on fair terms, and to allow a Federal Trade Commission suit accusing Qualcomm of doing that to proceed in court.
For the second year running, a BakerHostetler analysis ranked hacking among the leading causes of clients’ data security incidents, highlighting the importance of taking companywide steps to address intrusions before they occur and making sure everyone from executives to frontline employees knows the risks, according to a recent report.
Allowing attorneys to telecommute may seem like a great fix for law firms. But without significant changes to the firm's culture, telecommuting is just a patch applied to the problem of attrition, says Michael Moradzadeh, founding partner of Rimon PC.
To be fair, any company can have a Bill O’Reilly in its midst. The question is whether the company does the right thing once it realizes what’s going on, says Ann Fromholz, a workplace investigation attorney and founder of The Fromholz Firm.
When combined, the penalties of all agreed-to deferred prosecution agreement settlements in the United Kingdom total roughly 530 million pounds, but public fines are often just the tip of the iceberg. Though a good compliance program may be the best defense against corporate wrongdoing, executives should nonetheless take steps to cooperate with prosecutors and embrace independent scrutiny, says Jonathan Middup of Ernst & Young LLP.
Today’s enforcement environment presents major challenges for unprepared, ill-equipped companies. For any government investigation, early assessment and proper data preservation are key considerations, say Vincenzo Toppi of CohnReznick LLP and Todd Haley of eTERA Consulting.
If independent compliance monitorships are to remain an important part of how the U.S. government resolves corporate investigations, it is imperative that courts eliminate recent uncertainty and protect monitor reports from public disclosure, says John Wood, a partner at Hughes Hubbard & Reed LLP and former U.S. attorney for the Western District of Missouri.
General counsel at four law firms share the biggest issues they face in an increasingly complex legal environment.
The current continuing resolution expires at midnight on April 28, leaving Congress very little time to strike a deal to keep the government funded and avert a shutdown. Complicating things are reports that the White House may also be pressuring House leadership to schedule a vote this week on a new version of the health care “repeal and replace” bill, say Richard Hertling and Kaitlyn McClure of Covington & Burling LLP.
President Trump recently signed an executive order addressing the protection of U.S. jobs and preferences for U.S.-manufactured products and goods. While the order has no immediate effect on the processing of H-1B visa petitions, it does give us a clear picture of the administration’s views on the program. The “feeding frenzy” that characterizes the H-1B cap season may well become a thing of the past, say partners of Mayer Brown LLP.
Because the U.S. Food and Drug Administration has provided only some basic guidance on the subject, companies should take care when using social media in the pharmaceutical industry, which the FDA is clearly watching. With proper planning and execution, the internet is a great vehicle for the industry to advance health improvement and disease prevention, say Henniger Bullock and Colleen Tracy James of Mayer Brown LLP.
It is tempting to simply blame Wells Fargo’s C-suite for creating a corporate culture that fostered unethical behavior. Yet, a recent investigation into the bank's sales practices tells a deeper story about its corporate control functions and how they failed to fulfill their ultimate mandate — protecting the business from risk, says Brian Tomkiel, director of compliance at Gap Inc.