All Legal articles – Page 3
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Survey: Performance incentives drive general counsel compensation rise
Compensation among general counsel at some of the nation’s top corporations increased about 8.1 percent in 2021, compared to 2020 levels, according to the latest annual benchmarking report from Equilar.
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Focus on professional enablers puts lawyers in spotlight
While the extent of lawyers’ and law firms’ involvement in money laundering remains difficult to quantify, their potential role as professional enablers has become increasingly salient.
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Shearman & Sterling names chief diversity and inclusion officer
Global law firm Shearman & Sterling announced the appointment of Loretta Lisa Dowdy Pearce as chief diversity and inclusion officer, based in New York.
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Survey: Spending on AI, new tech to increase despite known risks
Companies are set to ramp up spending on artificial intelligence and other technologies in the coming years despite expectations of rising legal disputes over its use and implementation, according to a new survey.
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Ropes & Gray adds Hui Chen as senior adviser for Insights Lab
Global law firm Ropes & Gray announced the appointment of compliance and ethics expert Hui Chen as a senior adviser for its Insights Lab, the legal industry’s first analytics and behavioral science consulting group.
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Cravath adds ex-SEC vets Roisman, Leete to new D.C. office
Law firm Cravath, Swaine & Moore announced it will open a Washington, D.C. office anchored by two former leaders from the Securities and Exchange Commission and the former chairman of the Federal Deposit Insurance Corporation.
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Survey: Legal heavily involved in ESG strategy, less so in compliance
Less than one-fifth of global corporate legal departments in a recent survey reported heavy involvement with environmental, social, and governance compliance, though three-quarters said they had been extremely involved in drafting their companies’ ESG strategy.
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Law firm Dechert, SFO criticized in ENRC case ruling
A High Court judge found the U.K. Serious Fraud Office induced a lawyer from Dechert acting for Eurasian Natural Resources Corp. to provide it with privileged and unauthorized information.
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Gunderson Dettmer recruits ex-Andreessen Horowitz CCO as partner
Law firm Gunderson Dettmer announced the appointment of former Andreessen Horowitz Chief Compliance Officer Benjamin Buckwalter as partner in its corporate and securities practice.
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Should SEC hold securities lawyers accountable for bad advice?
A commissioner at the Securities and Exchange Commission has proposed establishing a minimum set of standards for lawyers advising public companies on securities law to combat a trend of “overzealous” representation.
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Mishcon de Reya fined $316K for AML failings
The Solicitors Regulation Authority, the regulatory body for solicitors in England and Wales, announced British law firm Mishcon de Reya has agreed to pay a financial penalty of £232,500 (U.S. $316,000) for AML compliance violations.
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Should lawyers, accountants be filing more SARs?
A study of suspicious activity reporting data in the United Kingdom suggests accountants, lawyers, estate agents, and other service-facing professionals could be doing more to contribute to the fight against financial crime.
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Ex-LeClairRyan chief legal officer sentenced to 44 months imprisonment
A former chief legal officer of now-defunct law firm LeClairRyan was sentenced to 44 months in prison and ordered to pay a $10,000 fine after pleading guilty to obstructing an embezzlement investigation into his own fraudulent conduct as a bankruptcy trustee.
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Ex-Cozen O’Connor attorney to pay $20K to settle insider trading charges
William Gericke, a former attorney with law firm Cozen O’Connor, has agreed to pay $20,004 and be permanently barred from appearing before the SEC to settle charges he traded on inside information on a corporate client.
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Linklaters appoints general counsel
Law firm Linklaters has appointed Michael Bennett as general counsel.
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Top DOJ Criminal Division official Daniel Kahn to rejoin Davis Polk
Daniel Kahn, who most recently served as acting deputy assistant attorney general of the Department of Justice’s Criminal Division, will rejoin Davis Polk as a partner.
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Ex-Cognizant CECO returns to Morgan Lewis
Law firm Morgan Lewis announced the return of former Cognizant Chief Ethics and Compliance Officer Amy Schuh as a partner resident in Philadelphia.
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Quinn Emanuel adds ex-DOJ fraud chief
Law firm Quinn Emanuel Urquhart & Sullivan announced the addition of Robert Zink, the former head of the Justice Department’s Fraud Section, to its white-collar crime team.
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Former SEC whistleblower head Jane Norberg joins Arnold & Porter
Jane Norberg, former head of the whistleblower office at the Securities and Exchange Commission, has joined D.C. law firm Arnold & Porter as a partner.
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Former acting SEC enforcement head to join Simpson Thacher & Bartlett
Marc Berger, most recently acting director of the SEC’s Division of Enforcement, will join Simpson Thacher & Bartlett in June as a partner in its litigation department.
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