First, the picture that's worth a thousand words: SEC chairman Christopher Cox is taking a first step to rationalize Sarbanes Oxley for smaller companies. The New York Times reports that the chairman will proposed revised standards later this … [Continue reading]
A New Specter on Corporate Crime
Senator Arlen Specter weighs in on righting some of the wrongs in the prosecution of corporate crime. There may be some reason for optimism. According to the New York Sun, the legislation introduced yesterday by Senator Specter: [...] would … [Continue reading]
Pfizer Gets Wiser
The GC-to-CEO phenomenon is still news, I guess. When something happens to a lawyer-led company, the legal background is often noted. Today's Wall Street Journal mentions the ex-GC status of Pfizer CEO Jeffrey Kindler in an article about the … [Continue reading]
Google Splits…
... GC and CLO positions, that is. Law.com reports that Google has hired a new general counsel and made current GC David Drummond chief legal officer. Filling this new stand-alone GC position is John Kent Walker Jr., who was deputy GC of eBay. … [Continue reading]
Law Firm Beauty Contest?
The Wired GC had a hidden camera at a recent beauty contest for national litigation counsel run by a Midwest manufacturer. In a rare twist, the law firms insisted that the client be blindfolded to ensure impartiality (click on arrow and adjust … [Continue reading]
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