How GCs Can Limit Their Risk In The Wild West Of Startups

By Michele Gorman (January 29, 2020, 6:52 PM EST) -- A former Mayer Brown partner's accusations that an electric car startup ruined his career show the possible pitfalls of joining the high-risk world of new ventures. Corporate counsel caution attorneys to do their due diligence and avoid jumping into a new company for the wrong reasons.

Earlier this month, Hong Liu sued Faraday & Future Inc., a startup founded by bankrupt Chinese tycoon Jia Yueting, alleging the company made fraudulent statements to "lure" him into quitting his practice at Mayer Brown LLP in 2018 to accept a general counsel position. He also claims the startup ousted him less than a year...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!