Corporate Counsel

Treasury Proposes AML Overhaul to Ease Burden on Banks

Wed, 08 Apr 2026 18:25:39 EST

“For too long, Washington has asked financial institutions to measure success by the volume of paperwork rather than their ability to stop illicit finance threats, said Treasury Secretary Scott Bessent

Retirement Opens Up Plum GC Post at Big Ten School

Wed, 08 Apr 2026 15:09:53 EST

Anthony Prather's tenure as legal chief of Indiana University was quiet compared to that of his predecessor, Jacqueline Simmons, who retired under pressure after making a public records request to obtain the emails of a law school professor with whom she was feuding.

Dollar General GC Sees Pay Double in Year Marked by $15M Litigation Settlement

Wed, 08 Apr 2026 14:25:56 EST

It was the second year in a row that the company resolved a thorny legal issue by agreeing to an eight-figure settlement.

AppLovin Legal Chief Jumping From C-Suite to Boardroom

Wed, 08 Apr 2026 00:44:44 EST

Victoria "Tory" Valenzuela's achievements include helping take the company public in 2021. Since its IPO, AppLovin's stock price has risen more than 400%.

Trump's EEOC Applying Its Enforcement Powers in Unconventional Ways

Wed, 08 Apr 2026 10:07:10 EST

The agency has brought a blitz of religious-discrimination cases, and it's investigating allegations that Nike systematically discriminated against white employees.

A General Counsel's Playbook for Responsible Use of AI

Tue, 07 Apr 2026 21:50:26 EST

For law departments and corporate counsel assessing ways to increasingly leverage AI Systems responsibly, and doing so in a way that complies with the Rules of Professional Conduct, it is important to understand that the legal and operational risks associated with using AI systems vary by use case.

SEC Scales Back Market Surveillance Tool, Raises Oversight Concerns

Tue, 07 Apr 2026 19:18:18 EST

The Consolidated Audit Trail is a database that tracks all activity in U.S. equity and options markets. Firms say the size and breadth of the data the U.S. Securities and Exchange Commission collected has led to very high costs—about $250 million annually for broker-dealers.

Study Exposes Harsh Reality: Legal's Efforts to Help Businesses Thrive Go Largely Unnoticed by Rest of C-Suite

Tue, 07 Apr 2026 17:13:09 EST

A new Thomson Reuters report says legal departments tend to highlight tasks completed when they should be highlighting what they're doing to enable the success of the business.

Consumers Angle for Bite Out of Companies' Tariff Refunds

Tue, 07 Apr 2026 15:43:39 EST

“Any time you see a pot of money that big, plaintiffs' lawyers get very interested, said J. Matthew Goodin, a partner at Troutman Pepper Locke.

Lawsuits Over Meta Glasses Point to Privacy Risks Around AI Training

Tue, 07 Apr 2026 13:30:31 EST

The cases combine two trends in digital privacy litigation: using California's anti-wiretapping law in new digital contexts, and bringing claims against software companies over their product design.

Encrypted GC Survey Offers Rare Window Into How Trump EOs Have Warped Outside Counsel Selection

Tue, 07 Apr 2026 11:09:28 EST

"The government says the harms are speculative because the orders haven't been fully enforced, but our members didn't need enforcement to change their behavior, because the risk alone was enough, and that's the key issue here," said 10x Genomics chief legal officer Eric Whitaker, one of the founders of General Counsels United.

Live Nation Calls Expert Witness in Antitrust Trial a Liar, Asks Judge to Strike Testimony

Mon, 06 Apr 2026 18:46:56 EST

State attorneys general defended their witness, economist Rosa Abrantes-Metz, and said that if her trial testimony was ambiguous, confusing or misleading it was because Live Nation's attorneys asked her unclear questions.

Agilent CLO Departing With Severance After Less Than 2 Years in Role

Mon, 06 Apr 2026 16:51:09 EST

The Silicon Valley veteran, who joined the life sciences giant after engineering laser maker Coherent's $7 billion sale, will stay on as a special adviser until Dec. 1.

Intel Replaces CLO Days After Lavishing Her With Praise

Mon, 06 Apr 2026 15:25:48 EST

April Miller Boise is in line to receive $3.1 million in severance.

The Strategic Seat: How Counsel Can Balance Business Goals With Legal Risk

Mon, 06 Apr 2026 13:57:59 EST

This isn't about lowering the bar on legal rigor. It's about knowing which risks actually matter, when they matter, and how to communicate them in a way that business leaders can act on. That's a different skill from being a good lawyer, and it can be learned.

Morgan Stanley CLO's 2025 Pay Put Him in Rare Company

Mon, 06 Apr 2026 13:29:37 EST

Eric Grossman joined the investment bank right before the 2007-2008 financial crisis and has been its legal chief since 2010.

Read the Doc: 800-Member GC Group Supports Law Firms Hit by EOs

Mon, 06 Apr 2026 10:39:04 EST

General Counsels United, which formed last year in revolt against President Donald Trump's executive orders targeting Big Law firms, wrote in an amicus brief Friday that the orders have had a chilling effect on what members of the legal community say and do and have created an "ethical and legal minefield for general counsels."

What Legal Sectors Can Learn From Each Other

Sun, 05 Apr 2026 23:58:09 EST

Every sector has figured out something the others haven't. Not some hot new technology strategy or AI framework. Foundational capabilities—how to serve clients, run operations, and actually deliver value. The problem isn't that the lessons don't exist. It's that nobody's paying attention to them.

Specialty AI Insurance Emerges as Key Tool to Tamp Down Risk

Fri, 03 Apr 2026 11:50:52 EST

“As AI incidents surge and insurers increasingly add AI exclusions to traditional policies, companies face growing exposure to legal, financial and regulatory fallout from algorithmic failures," said Alissa Lugo, a senior director analyst at Gartner.

Meta and Google's Trial Loss Suggests Product Design Is Big Tech's Achilles' Heel

Fri, 03 Apr 2026 09:45:48 EST

Rather than shielding themselves with their standard free speech and Section 230 defenses, Meta and Google found themselves having to defend specific design features of their social media platforms.

Auto Dealer Accused of Sales Tricks Strikes $78M Deal With Regulators

Fri, 03 Apr 2026 08:28:11 EST

The Federal Trade Commission and Maryland Attorney General's Office accuse Lindsay Automotive Group of advertising rock-bottom prices that car buyers would later learn had all sorts of strings attached.

Ninth Circuit Ruling Could Open New Legal Line of Attack on Drugmakers

Thu, 02 Apr 2026 15:04:52 EST

In a reversal, the appellate court allowed a hospital system to go forward with an unusual False Claims Act lawsuit accusing a group of drugmakers of overcharging a federal drug discount program.

Tripadvisor CLO Books Exit as Activist Investor Gains Clout

Thu, 02 Apr 2026 14:05:28 EST

A regulatory filing says Seth Kalvert, the legal chief for 15 years, will depart next month, but it doesn't say why.

‘Seminal Cases'? Appeals Courts Confront Fake Cites in Wave of AI-Related Sanctions Orders

Thu, 02 Apr 2026 13:56:49 EST

For court watchers, the recent rulings raise questions about whether sanctions alone can deter the problem—and offer an early glimpse of the case law that may develop around artificial intelligence use in brief writing.

Boston Fed's Top Lawyer Joins Credit Union Giant as CLO

Thu, 02 Apr 2026 11:12:33 EST

Steven Wright is jumping aboard First Technology Federal Credit Union, which recently completed a merger that made it the nation's fifth-largest credit union.

Suits Against Tempus AI Test Legal Lines for Mining Genetic Data

Thu, 02 Apr 2026 09:37:17 EST

The legal pressure on Tempus—which uses its massive trove of genetic information to train AI algorithms used in patient care—comes amid growing national concern over the commoditization of DNA data.

FinCEN Proposes Whistleblower Program With Awards Up to 30%

Thu, 02 Apr 2026 07:23:27 EST

Those exposing money laundering would be guaranteed at least 10% of collected penalties.

AXA Hires Former Company Secretary as General Counsel

Thu, 02 Apr 2026 04:05:21 EST

The insurer has moved to fill a gap in its legal leadership, turning to a familiar face with 12 years of prior AXA experience.

AIG GC Maxed Out Bonus, 'Significantly Exceeded Expectations' in '25

Wed, 01 Apr 2026 17:54:35 EST

Rose Marie Glazer received a $3 million short-term incentive award. That was 200% of her target, the highest percentage permitted under the plan.

Siemens USA Promotes 15-Year Company Vet to GC

Wed, 01 Apr 2026 14:35:50 EST

Skip Lockard's elevation to general counsel marks at least his fifth promotion since he joined Siemens USA as senior counsel for litigation in 2011.

FTC Endorses Florida Supreme Court's Move to Ease ABA's Grip over Bar Admissions

Wed, 01 Apr 2026 11:56:47 EST

The agency's staff said the ABA's standards for law school accreditation "impose an elitist model of legal education, driving up the cost of legal education and thereby limiting the supply of lawyers."

It's Not Over: The Law Lesson Behind EEOC's $15M Recovery

Wed, 01 Apr 2026 10:13:14 EST

The large volume of employee suits over mandatory vaccine policies show the importance of trying hard to accommodate workers' disabilities, rather than firing them, said Amanda Fugazy, an employment lawyer at Ellenoff Grossman & Schole in New York.

DOJ Rebukes State AGs' Improper Disclosure of Confidential HPE-Juniper Data

Tue, 31 Mar 2026 19:27:03 EST

"Although the harm caused by the States' improper disclosure is largely irreparable, the Court should enforce its Protective Order to show that the violation will not be tolerated and to mitigate further harm," U.S. Department of Justice attorneys wrote in a joint letter after state attorneys general mistakenly filed highly confidential materials on the public docket regarding Hewlett Packard Enterprise Co.'s acquisition of Juniper Networks and HPE's nonpublic communications.

Heist Highlights Need for US Oversight of Art Market, Anti-Money Laundering Experts Say

Tue, 31 Mar 2026 18:50:46 EST

The U.S. art and antiquities markets, despite being the largest in the world, are largely unprotected from money laundering risks, said financial transparency advocates.

FTC Zings OkCupid Over Mismatch Between Privacy Policy and Actual Practices

Tue, 31 Mar 2026 17:31:34 EST

A settlement unveiled Monday bars the company from misrepresenting its privacy practices and leaves the door open for civil penalties.

Clients' AFA Requests Are on the Rise. But Many Revert to Hourly Billing

Tue, 31 Mar 2026 16:30:45 EST

Not every firm currently is well placed to use alternative fee arrangements to drive profitability, one market watcher observed.

Call for Nominations: Corporate Counsel's Best Legal Departments 2026

Tue, 31 Mar 2026 16:09:33 EST

It is that time of year again! We are excited to again begin the process to honor in-house legal departments and legal department leaders in our Best Legal Departments issue.

Crash Victim Families Lose Appeal to Revive Criminal Case Against Boeing

Tue, 31 Mar 2026 15:15:12 EST

The U.S. Court of Appeals for the Fifth Circuit declined to set aside a non-prosecution agreement between the DOJ and Boeing that ended the government's criminal investigation.

Game Over for Investors Suing Warner Bros. Over Failed NBA Broadcast Talks

Tue, 31 Mar 2026 15:01:37 EST

U.S. District Judge Katherine Polk Failla for the Southern District of New York found that Warner Bros. had disclosed "all material facts" for its negotiations over the rights to broadcast National Basketball Association games, rejecting claims of misleading investors on the chances of securing the rights.

Legal Impact of 2 Social Media Verdicts: 'A Road Map to Beating the Big Tech Companies'

Tue, 31 Mar 2026 15:00:50 EST

Last week's $375 million verdict against Meta Platforms in New Mexico, and $6 million jury award against Meta and YouTube, owned by Google, were the first to use new legal theories to blame social media on harm to children.

Boeing Workers Seeking Pay for Time Spent on Shuttle Buses Are Latest to Test Bounds of 88-Year-Old Law

Tue, 31 Mar 2026 14:55:48 EST

"It's unfortunate the laws are so complicated," said Anne Lofaso, an attorney and labor professor at the University of Cincinnati College of Law.

Report Probes What Is Driving a Rapid Rise in Data Breach Suits and Web Tracking Settlements

Tue, 31 Mar 2026 10:04:15 EST

A new report by Baker & Hostetler records an increase in both data breach class actions and resolution of web tracking and pixel cases through settlement in 2025.

NFL Hires Veteran Fox Sports Lawyer Ahead of Likely Renegotiation of $110B Media Rights Package

Mon, 30 Mar 2026 15:56:56 EST

During her two decades at Fox, Claudia Teran negotiated rights deals with the NFL, Major League Baseball and WWE.

Legal Department Infighting Breaks Out Between AI Doubters and Devotees

Mon, 30 Mar 2026 13:56:49 EST

A new survey of 242 legal professionals found that 42% of respondents have little to no trust in AI-generated legal work.

SEC Staff Cuts Risk Undermining Agency Mission, GAO Report Finds

Mon, 30 Mar 2026 13:38:56 EST

All “mission-critical SEC divisions lost at least 12% of its employees last fiscal year, the U.S. Government Accountability Office reported March 27.

Buffalo Bills Hand GC Post to Early-Career Lawyer Who's Made Herself 'Incredible Resource'

Mon, 30 Mar 2026 00:19:00 EST

Toni Cannady has been deeply involved in legal work for the team's new, $2.2 billion stadium, which opens this year.

More External GC Hires Aren't Working Out, Highlighting Flaws in How Companies Conduct Searches, Onboard Talent

Mon, 30 Mar 2026 11:07:53 EST

"Culture fit can be a catchall that is actually unhelpful,” said Cynthia Dow, a senior leader at the executive search firm Russell Reynolds Associates.