Often, the role of in-house counsel is to say "no." Often known as the resident fun-sucker, in-house attorney is there to limit the company's exposure to risk. But here's the thing: Risks are not only necessary for a company to thrive, they're crucial to survive. Doling out legal advice that is too risk averse can actually harm the longevity of the company. Here are three reasons why you should allow execs (and yourself) to take calculated risks: 1.
On March 21st, 2022, the Securities and Exchange Commission (SEC) proposed new rules requiring registered public companies to disclose climate-related risks that are reasonably likely to have a material impact on their business, operations, and financial condition.
New Law And Circuit Court Decisions Narrow The Enforceability of Arbitration Agreements Under The FAA
Over time, SCOTUS developed caselaw relating to the FAA which creates a strong presumption in favor of compelling arbitration where there are ambiguities present as to whether the claims in dispute fall within the parties' arbitration agreement.
Fast food giant McDonald's may have questionable animal welfare practices—its suppliers use gestation crates for pregnant pigs, which are considered inhumane. To address this, billionaire investor Carl Icahn has proposed a proxy contest to change the composition of McDonald's Board of Directors. Gestation crates typically house pigs so tightly that they…
Connecting Legal Departments to the Business at Large As corporate legal teams continue to evolve, covering everything from risk management to transactional work, a new field has risen to help in-house counsel operate effectively. Corporate legal operations (CLO) professionals are quickly becoming a vital piece of both large and medium-sized legal departments, led by people with a title reminiscent of The West Wing: Legal Chief of Staff. What Does a Legal Chief of Staff Do?
Three Muslim employees have filed a federal complaint against Amazon for discriminatory treatment, hostile work environment, and retaliation. In a complaint to the Equal Employment Opportunity Commission, the women say they face racial and religious discrimination at Amazon warehouses in Minnesota. They say they are afraid to pray or fast for fear of being fired. It's not the first employees have sued over religious discrimination.
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