Professional Corporations. Legal news and articles for January 2 - 31, 2013

No ID Needed to Form a Shell CompanyLaw School Applications Are Collapsing (As They Should Be)A lawsuit could lead to more competition and more choiceDigital: The evolution of business development for corporate lawyersCobbetts, Weil, Wachtell, Jackson Lewis: Business of LawEthics and Compliance Leads Among Pressing Issues for Chief Legal Officers ...Bloomberg Highlights Argopoint's Jason Winmill on Latest Corporate Legal...Bingham, Morgan Lewis, Patton Boggs: Business of LawPiercing the Corporate Veil: Corporate Officers Are Liable for Their Own TortsLegalZoom GC works to make law accessibleJones Day, Sullivan & Cromwell: Business of LawKevin Whyte talks corporate lawCorporate Communications and Competition Law: Do not speak more than you ...Antitrust's Baer, Kirkland, Weil Gotshal: Business of Law

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No ID Needed to Form a Shell Company
Newswise (press release)January 31, 2013

Nielson and colleagues from BYU, Australia's Griffith University and the University of Texas at Austin carried out an experiment to see how well the laws are followed. Using 21 different email aliases, they contacted representatives of 3,700 corporate...more »

Law School Applications Are Collapsing (As They Should Be)
The AtlanticJanuary 31, 2013

As Citi Private Bank -- the pre-eminent lender for major law firms -- noted in a recent report, demand for high-end corporate legal services has fallen at a 0.4 percent annual rate since every year since 2008. Revenue at big firms has grown slower than ...more »

A lawsuit could lead to more competition and more choice
The EconomistJanuary 31, 2013

Currently law firms, whether a “single shingle” or one like Jones Day (the biggest American firm by headcount with more than 2,400 lawyers and 800 partners) may have only one corporate form anywhere except the District of Columbia: a partnership owned ...more »

Digital: The evolution of business development for corporate lawyers
The LawyerJanuary 31, 2013

Last August, the Corporate Executive Board (CEB) released the results of a survey of more than 1,900 B2B customers which showed that 60% of a typical purchasing decision (researching solutions, ranking options, setting requirements, benchmarking ...more »

Cobbetts, Weil, Wachtell, Jackson Lewis: Business of Law
BloombergJanuary 31, 2013

Cobbetts LLP, which has almost 500 employees in four offices, becomes the first major U.K. law firm to seek protection from creditors since 2010. The firm, the 62nd-largest by revenue in the U.K., said the weak economy led it to the decision to appoint ...more »

Ethics and Compliance Leads Among Pressing Issues for Chief Legal Officers ...
Fort Mills TimesJanuary 30, 2013

The Association of Corporate Counsel (ACC), a global bar association representing more than 30,000 in-house counsel, recently released the largest global survey of the most pressing issues and challenges facing chief legal officers in corporate legal...more »

Bloomberg Highlights Argopoint's Jason Winmill on Latest Corporate Legal...
PR Web (press release)January 30, 2013

Bloomberg Law News recently featured Argopoint's Jason Winmill on innovative new methods that some major companies are employing to drive efficiency in their corporate legal departments. “Legal Procurement: Sourcing is a Team Sport” features ...more »

Bingham, Morgan Lewis, Patton Boggs: Business of Law
BloombergJanuary 30, 2013

Bingham McCutchen LLP lost two groups of prominent partners yesterday. Orrick, Herrington & Sutcliffe LLP announced that Tara Higgins, Torsten Marshall and Rafael Galvan, energy and project finance partners from Bingham, joined the firm's energy and ...more »

Piercing the Corporate Veil: Corporate Officers Are Liable for Their Own Torts
Patently-OJanuary 30, 2013

[Courts] tend to mis-apply the general principles of agency and tort law described above when evaluating the liability of an officer for the infringing acts of his or her corporation. Although courts purport to look for personal participation by the ...more »

LegalZoom GC works to make law accessible
Daily Report (registration)January 29, 2013

In 2000, he joined the now-defunct Testa, Hurwitz & Thibeault in Boston as a corporate law associate specializing in private companies, M&A, private equity and public company compliance. In 2002, he left to form his own firm dedicated to serving small ...more »

Jones Day, Sullivan & Cromwell: Business of Law
BloombergJanuary 28, 2013

Mergers and acquisitions lawyer Wesley R. Johnson Jr. was named partner-in-charge of Jones Day's New York office. Johnson succeeds Willis Goldsmith, who led Jones Day in New York since January 2008. Goldsmith will continue his practice advising ...more »

Kevin Whyte talks corporate law
Pittsburgh Business TimesJanuary 18, 2013

Kevin Whyte, vice president and general counsel, Carmeuse North America, began his one-year term as president of the Association of Corporate Counsel's Western Pennsylvania Chapter on Jan. 1. Whyte worked at law firms from 1987 to 2002 when he ...more »

Corporate Communications and Competition Law: Do not speak more than you ...
Bar & BenchJanuary 2, 2013

The developing antitrust jurisprudence of India may be changing the way Indian companies think about doing business. Potential areas of antitrust scrutiny includes, the way a company writes or negotiates an agreement, executes a corporate transaction ...more »

Antitrust's Baer, Kirkland, Weil Gotshal: Business of Law
BloombergJanuary 2, 2013

Baer, named one of the “Decade's Most Influential Lawyers” by the National Law Journal in 2010, is a former director of the Federal Trade Commission's competition bureau and has represented corporate clients including General Electric Co. .... breadth ...more »

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