Professional Corporations. Legal news and articles for February 26 - 28, 2013

Reducing Legal Department Budgets May Be Short-SightedThe Owner's Manual: To Our ReadersTrade Registry RegulationClifford Chance, Linklaters, Dewey, Orrick: Business of LawA Corporate Call for Change in Gay Marriage CaseTaking the Reins From “Big Law”SWITZERLAND - CORPORATE GOVERNANCETyMetrix Legal Analytics Opens Its 2013 LegalView(R) Forum Series on ...Corporations urge US Supreme Court to embrace gay marriageCorporations urge Supreme Court to embrace gay marriageCorporations urge Supreme Court to embrace gay marriageLawyers on boards improve corporate valueBritain to Simplify Company Laws to Cut Red TapeReed Smith, Fulbright, Sheppard Mullin: Business of LawLimited liability - "the greatest single invention of modern times"

Top Picks in News

Foley, Venable, Davis, Weil, Herbert: Business of Law
BloombergFebruary 14, 2013

“As we continue to grow the capabilities of our New York office, Jon's extensive experience, combined with his deep knowledge of labor and employment law, is an outstanding addition for us on two fronts -- for our nationally prominent labor and ...more »

SWITZERLAND - CORPORATE GOVERNANCE
Who's Who LegalFebruary 27, 2013

Last year the financial crisis prompted the need for a more distinct corporate governance system in Switzerland outside of its established corporate law. The government has strongly encouraged financial institutions to set up specific advisory boards ...more »

Professional Corporations. News and Stories

Reducing Legal Department Budgets May Be Short-Sighted
Metropolitan Corporate CounselFebruary 28, 2013

While this may simply be a knee-jerk reaction, general counsel need to be prepared to address the issue, such as by demonstrating that budget reductions would result in limiting the legal department's ability to positively affect their company's P&L ...more »

The Owner's Manual: To Our Readers
Mondaq News Alerts (registration)February 28, 2013

Although a business owner may have a long-term business strategy and may be executing a tactical strategy that includes funding of some description from a private equity firm, in many cases, he or she does not have a personal financial plan. This is a ...more »

Trade Registry Regulation
Mondaq News Alerts (registration)February 28, 2013

63352 ("Law No. 6335") which was promulgated prior to the entry into force of the TCC. Pursuant to the amended Article 26, the principles and procedures governing trade registries and registration shall be regulated by a regulation prepared by the ...more »

Clifford Chance, Linklaters, Dewey, Orrick: Business of Law
BloombergFebruary 28, 2013

Litigation. Ex-Mercury Lawyer Skaer Settles Options Backdating Suit With SEC. Former Mercury Interactive LLC General Counsel Susan Skaer settled a U.S. Securities and Exchange Commission lawsuit alleging she participated in improper backdating of ...more »

A Corporate Call for Change in Gay Marriage Case
New York TimesFebruary 28, 2013

“It's 2013, the face of the nation is changing, and to be competitive, to win in business today, you need to change with the demographics of the nation,” said Bernadette Harrigan, an assistant vice president in the law department of the Massachusetts ...more »

Taking the Reins From “Big Law”
WealthManagement.comFebruary 27, 2013

“Forget the tax issues, there's going to be a lot of work in the transfer of wealth of baby boomers,” says T&E lawyer Fred Tansill of Frederick J. Tansill & Associates in McLean, Va. Billable Hours. Yet, that inability to keep up on hourly billable ...more »

SWITZERLAND - CORPORATE GOVERNANCE
Who's Who LegalFebruary 27, 2013

Last year the financial crisis prompted the need for a more distinct corporate governance system in Switzerland outside of its established corporate law. The government has strongly encouraged financial institutions to set up specific advisory boards ...more »

TyMetrix Legal Analytics Opens Its 2013 LegalView(R) Forum Series on ...
MarketWatch (press release)February 27, 2013

"These forums truly represent a first in the legal industry, bringing two parties -- corporate law departments and law firms -- together to work more collaboratively and engage in a professional discourse to find common ground in better managing the ...more »

Corporations urge US Supreme Court to embrace gay marriage
Thomson Reuters News & InsightFebruary 27, 2013

WASHINGTON, Feb 27 (Reuters) - More than 200 businesses on Wednesday urged the U.S. Supreme Court to strike down a federal law that restricts the definition of marriage to heterosexual unions, in one of corporate America's most prominent efforts to ...more »

Corporations urge Supreme Court to embrace gay marriage
Yahoo! News (blog)February 27, 2013

WASHINGTON (Reuters) - More than 200 businesses on Wednesday urged the U.S. Supreme Court to strike down a federal law that restricts the definition of marriage to heterosexual unions, in one of corporate America's most prominent efforts to support ...more »

Corporations urge Supreme Court to embrace gay marriage
ReutersFebruary 27, 2013

WASHINGTON (Reuters) - More than 200 businesses will urge the U.S. Supreme Court on Wednesday to strike down a federal law that restricts the definition of marriage to heterosexual unions. Lawyers representing the businesses said they would file a ...more »

Lawyers on boards improve corporate value
The Global Legal PostFebruary 27, 2013

The Financial Times newspaper reports that a group of American law and finance professors conducted a comprehensive analysis of how American companies performed between 2000 and 2009, taking into account whether or not they had a lawyer on their ...more »

Britain to Simplify Company Laws to Cut Red Tape
IBTimes.co.ukFebruary 27, 2013

The country's campaign to tackle business red tape, named the Company and Commercial Law Red Tape Challenge, found that half of the 115 regulations on the day to day running of a company and the preparing and filing of their accounts are to be ...more »

Reed Smith, Fulbright, Sheppard Mullin: Business of Law
BloombergFebruary 27, 2013

Reed Smith LLP opened the firm's first Texas office in Houston, with 12 partners from seven firms, including Fulbright & Jaworski LLP, Baker Botts LLP and Haynes & Boone LLP, half of whom will bolster the energy and natural resources industry group.more »

Limited liability - "the greatest single invention of modern times"
Mondaq News Alerts (registration)February 26, 2013

The roles of directors and shareholders. Recent calls for the law to be changed so that directors cannot "hide" behind limited liability misinterpret both the purpose of limited liability and the nature of the director's role. Limited liability does ...more »

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