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Thursday, October 6, 2011

Y! Alert: Corporate Counsel


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The latest from Corporate Counsel


2011 Law Department Compensation Benchmarking Survey Top
News reports about the overall U.S. economy may still be trending negative, but there is good news on salaries and bonuses in the results of our 2011 Law Department Compensation Benchmarking Survey.
 
Trade Agreements Aim to Give Helping Hand to U.S. Businesses Top
Free trade agreements between the U.S. and Colombia, South Korea, and Panama have been moving swiftly down the political pike this week. The pending legislation sets the stage for new rules that would boost American companies in the global marketplace.
 
Rep. Issa Quizzes FHFA About Firms Hired to Sue Financial Institutions Top
A House panel has asked the Federal Housing Finance Agency to explain why it hired outside counsel from Quinn Emanuel Urquhart & Sullivan and from Kasowitz Benson Torres & Friedman to file 17 lawsuits against financial institutions, and how much it is paying them.
 
GAO Recommends Stronger Debarment Programs in Federal Contracting Top
A new Government Accountability Office report criticizes several federal agencies for lacking aggressive policies to weed out bad contractors and wasteful spending.
 
Did Ignored Madoff Tipster Spark N.Y. Prosecutors' Suits Against Bank of New York Mellon? Top
Regulators ignored the warnings of fraud sleuth Harry Markopolos and allowed Bernie Madoff's Ponzi scheme to collapse under its own weight in December 2008. Is there a connection between Markopolos and the recent suits against Bank of New York Mellon?
 
Microsoft Gives Patent Peace With Samsung a Chance Top
This week, Microsoft announced a cross-licensing agreement with Samsung Electronics Co. that secures royalties for every mobile phone and tablet Samsung sells that runs the Android operating system.
 
State and Federal Laws Control Patent Rights in Employment Agreements Top
Recent litigation has raised the issue of how an inventor's assignment obligation is created and how it is perfected. The issue would appear to be simple, but it has proved to be surprisingly complex.
 
After a Data Breach, Preparing for Breach Notification Top
Like the cleanup after a hurricane, a digital security breach inevitably leads companies to data breach notification, informing both victims and regulatory authorities about the existence and nature of the breach, and plans to fix it.
 
Diversity Digest: A Slower Advance Top
Female attorneys haven't progressed as well in recent years as they did in earlier decades. But progress, or lack of it, isn't equal: Have women done better in-house?
 
From the Experts: Secret Agents Causing FCPA Violations Top
If your company has ever obtained official documents in Nigeria, 'touts' have likely paid cash to government officials on your behalf. And with or without your knowledge, touts may have caused your company to violate the Foreign Corrupt Practices Act.
 
From the Experts: SSL Hacked! Top
The extensive hacking of SSL in 2011 proved that the enterprise can't rely on encrypted communications, but corporate counsel are in a strong position to champion a fix.
 
Moves: They Might be Giants Top
New Save the Redwoods general counsel goes from small-firm lawyer to in-house counsel at a nonprofit that has been protecting redwood trees from deforestation and development since 1918.
 
Congressional Supercommittee Picks Michael Bloomquist for GC Role Top
The so-called Congressional "supercommittee" is beginning its work on drafting plans for reducing the U.S. debt, and one of the first pieces of business was naming Michael Bloomquist as its general counsel.
 
Moves: Nicholas Eldred Goes from BBC GC to Christie's Counsel Top
Stepping from the telly to the auction block, Nicholas Eldred is departing his general counsel post at the British Broadcasting Corporation to become group general counsel at Christie's, the international auctioneer.
 
Wal-Mart Associate GC Joseph West Moving on to Lead MCCA Top
Joseph West, associate general counsel for Wal-Mart Stores, Inc., is leaving his post to become president and CEO of the Minority Corporate Counsel Association, effective September 12.
 
Q&A: Incoming Recording Industry Chief Sherman Targets Piracy Top
In September, the Recording Industry Association of America gets a new leader, Cary Sherman, who has been the group's president for the past 10 years after serving a previous stint as its general counsel.
 
Best Legal Department 2011 Video: Wellpoint Top
CorpCounsel.com reporter Shannon Green talks to general counsel John Cannon from Best Legal Department 2011 Finalist Wellpoint.
 

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