Professional Corporations. Legal news and articles for October 21 - 29, 2015

Corporate Prosecutors and Their Invisible ChainsNo 'Appreciable Progress' for Women in Partnership RanksMajor Changes Introduced to Corporate Law by the Small Business...The Great Ohio Weed WarWake Up Call: Northwestern Law Receives $100M Gift - 8 seconds agoAIG Announces It's Creating a Legal Ops ConsultancyAIG To Spin Off Legal Ops Unit as a ConsultancyHere's how much bankrupt 50 Cent is paying one of the big law firms working ...Responding to a Hyper-Competitive Legal Market: 2015 and BeyondCorporate and Finance Law: Mystery Solved View Count: 20AIG launching consulting company to advise corporate clients on efficient ...AIG launching consulting company to advise corporate clients on efficient ...Top Considerations When Selecting a Strategic Corporate PartnerWhite House Nominates GW Law Professor to SECScottish campaigners protest outside corporate law firm set to benefit from ...

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Delaware Corporate Law Stressing Role of Independent Directors
Delaware Business Court InsiderOctober 7, 2015

The Delaware Supreme Court is trying to encourage independent directors by shielding their good-faith decisions from excessive protracted litigation, while maintaining its values of balance, predictability and stability, the high court's longest ...more »

Delaware Corporate Law Stressing Role of Independent Directors
Delaware Business Court InsiderOctober 7, 2015

The Delaware Supreme Court is trying to encourage independent directors by shielding their good-faith decisions from excessive protracted litigation, while maintaining its values of balance, predictability and stability, the high court's longest ...more »

Professional Corporations. News and Stories

Corporate Prosecutors and Their Invisible Chains
Harvard Law RecordOctober 29, 2015

Students of Harvard Law School, I am loath to be the bearer of bad news since you have so little experience with bad news. But somebody should tell you. Those of you who aspire to become prosecutors need to know that you cannot hope to ever become ...more »

No 'Appreciable Progress' for Women in Partnership Ranks
Bloomberg Big Law BusinessOctober 28, 2015

In 2006, the NAWL had issued a challenge to fill 30 percent of equity partnership ranks in large firms, chief counsel in Fortune 500 companies and tenured law professorship positions with women. Then the group studied women's progress toward those ...more »

Major Changes Introduced to Corporate Law by the Small Business...
The National Law ReviewOctober 24, 2015

The Small Business, Enterprise and Employment Act 2015 (the “Act“) received Royal Assent on March 26, 2015 and marks the single biggest change to company law since the Companies Act 2006 (“CA”). It will be phased in over the course of the next 12 ...more »

The Great Ohio Weed War
RollingStone.comOctober 23, 2015

Without a doubt, the face of the corporate takeover of the marijuana movement is ResponsibleOhio, the statewide campaign that launched last November, the same month Oregon became the fourth state to legalize pot. ResponsibleOhio's ballot ...more »

Wake Up Call: Northwestern Law Receives $100M Gift - 8 seconds ago
Bloomberg Big Law BusinessOctober 23, 2015

A legal dispute within a Houston plaintiffs' law firm that organizes massive torts is threatening to pull back the curtain on the mechanics of high-volume litigation finance and claim aggregation, in which injury claim clients are bundled and sold like ...more »

AIG Announces It's Creating a Legal Ops Consultancy
Corporate Counsel (registration)October 22, 2015

Currently AIG's legal operations center, under Katzel, supports the company's legal, compliance and insurance claims functions worldwide. According to its website, it uses statistical analysis and cutting-edge technology to identify areas to cut costs ...more »

AIG To Spin Off Legal Ops Unit as a Consultancy
Corporate Counsel (registration)October 22, 2015

Currently AIG's legal operations center, under Katzel, supports the company's legal, compliance and insurance claims functions worldwide. According to its website, it uses statistical analysis and cutting edge technology to identify areas to cut costs ...more »

Here's how much bankrupt 50 Cent is paying one of the big law firms working ...
Business InsiderOctober 22, 2015

Eighteen lawyers worked on Jackson's behalf, as did three paralegals and an investigator. Eight parnters worked for Jackson, seven of whom had billing rates of $675 an hour. (To be fair, this rate is actually on the low side compared to some big ...more »

Responding to a Hyper-Competitive Legal Market: 2015 and Beyond
The National Law ReviewOctober 21, 2015

Attorney Advertising Notice: Prior results do not guarantee a similar outcome. Statement in compliance with Texas Rules of Professional Conduct. Unless otherwise noted, attorneys are not certified by the Texas Board of Legal Specialization, nor can NLR ...more »

Corporate and Finance Law: Mystery Solved View Count: 20
JDJournal.comOctober 21, 2015

Corporate lawyers have a variety of duties and responsibilities; their work is no less important or difficult than litigation. When it comes to corporate law practice areas, there are four main categories: Formation & Governance, Mergers & Acquisitions ...more »

AIG launching consulting company to advise corporate clients on efficient ...
ABA JournalOctober 21, 2015

The Legal Operations Company will use internal data from the insurance giant's Legal Operations Center to help clients set competitive prices and identify areas where legal work could be more efficient, according to Bloomberg BNA's Big Law Business blog.more »

AIG launching consulting company to advise corporate clients on efficient ...
ABA JournalOctober 21, 2015

The Legal Operations Company will use internal data from the insurance giant's Legal Operations Center to help clients set competitive prices and identify areas where legal work could be more efficient, according to Bloomberg BNA's Big Law Business blog.more »

Top Considerations When Selecting a Strategic Corporate Partner
The National Law ReviewOctober 21, 2015

Entrepreneurs should consider the cultural, size and operational differences between the companies. A good strategic corporate partner will allow the companies to still act as separate entities, but will add expertise, gravitas with customers and ...more »

White House Nominates GW Law Professor to SEC
GW TodayOctober 21, 2015

GW Law Professor Lisa M. Fairfax has been nominated by President Barack Obama to serve on the Securities and Exchange Commission, Law School Dean Blake D. Morant announced. During her time at GW, Ms. Fairfax has taught courses in corporate and ...more »

Scottish campaigners protest outside corporate law firm set to benefit from ...
CommonSpaceOctober 21, 2015

SECRET CORPORATE COURTS represent a direct threat to public services and the power of government to act in the interests of the people, according to demonstrators challenging corporate law firm Shearman and Sterling in London.more »

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