LEGAL
The Insider: Basic finance for in-house lawyers
As an in-house lawyer, it is important to know the basics of finance and understand the drivers of the company’s overall financial performance, i.e., how does your company make money and how is your company doing overall? As you move up the ladder, your level of understanding and sophistication needs to increase in order to keep up with the business and for you to provide your best legal counsel and opinion. The Insider, Sterling Miller, shares 10 things you need to know about basic finance.
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Walmart Ready: A template for in-house legal departments seeking to diversify outside counsel hires
Walmart Ready is an onboarding program for women and diverse outside counsel from across the country, held at Walmart’s headquarters. The program has been effective since its launch, garnering at least 25 percent of attendees with new assignments or expanded representation of Walmart. The benefits of Walmart Ready flow both ways: In-house attorneys can hire prescreened, diverse outside counsel trained in the company’s business, culture, and legal department, while outside counsel can market themselves and, if retained, be in a better position to serve Walmart.
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Anheuser-Busch InBev focus on values, talent and ownership
As the growth of global businesses continues, more general counsel are realizing the opportunities and challenges of running a global legal department. Chief legal officer for Anheuser-Busch (AB) InBev, Sabine Chalmers leads a department that spans a staggering nine geographic zones and includes more than 300 legal professionals. She is well-versed in the people and protocols required to effectively manage a diverse legal organization. She shares her professional background, how she develops talent and leadership in a global environment, and how she built a world-class legal department.
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The general counsel as a conduit to innovation
General counsel are moving closer to the front lines of business all the time. Once part of a legal department set off from the rest of operations, they are now often seen as key players in actively assisting in propelling business forward day to day. See how legal teams are protecting innovation in-house, advising future innovators, and becoming integral to business success.
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Anti-Muslim rhetoric in the workplace: An employer’s guide to risks and prevention
Anti-Muslim rhetoric dominates many media headlines. A May 9, 2017, decision by the U.S. Court of Appeals for the Second Circuit highlights the risks to an employer when anti-Muslim rhetoric enters the workplace. Learn how employers can take preventative steps to mitigate the risks.
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SCOTUS places major limits on state general jurisdiction reach
At the end of May, the Supreme Court issued its ruling in BNSF Railway Co. v. Tyrrell, resolving jurisdictional questions for a railroad company sued by employees who were injured while working for the railway. As inconsequential as such a case may first appear, the decision instead is quite significant for all corporations – not just those in rail transportation. See why the ruling is an undeniable and substantial diminution of state general jurisdictional reach.
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DLA Piper’s 2017 Global Compliance & Risk Report: Compliance Grows Up
Improvements to compliance programs, likely combined with recent political changes, are helping to reduce compliance executives’ concerns about personal liability. At the same time, the compliance function is becoming more independent and prominent in large organizations worldwide – though there remains significant room for improvement, especially in compliance’s relationship with boards of directors. Read about these and more top findings in DLA Piper’s 2017 Global Compliance & Risk Report.
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Structured dismissals • Standard of review for EEOC subpoenas • Sex discrimination under Title VII
See why Chapter 11 parties entering into settlements that include the dismissal of the bankruptcy case should ensure that they comply with the priority rules set out in the Bankruptcy Code. Also, learn why employers should be aware of a recent U.S. Supreme Court decision clarifying the standard for reviewing subpoenas issued by the U.S. Equal Employment Opportunity Commission. Finally, read why employers should review their policies and provide additional training in light of a recent Seventh Circuit decision expanding the application of Title VII to discrimination based on sexual orientation.
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Ten takeaways from the Thomson Reuters Legal Tracker LDO Index
Nearly a decade has passed since the Great Recession, marking a milestone event forever changing how corporate legal departments manage their operations and outside counsel. A recently released survey, the Thomson Reuters Legal Tracker™ LDO Index, provides deeper insight into the evolution of the corporate legal department function. It provides answers to some of the most pressing questions facing legal departments, such as “What methods of cost control are considered most effective?” and “How much has average spend per matter decreased due to cost controls?”
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