Global legal & risk forecast shows economic issues rising The Year Ahead Global Disputes Forecast 2023 What’s in this report from Baker McKenzie:Cybersecurity and data disputes are likely to be the biggest risk to organizations in 2023, according to a Baker McKenzie survey of 600 senior legal and risk leaders from large organizations in the UK, U.S., Singapore and Brazil....
Litigation trends for 2023: What do in-house counsel expect? Perspectives From Corporate Counsel 2023 Annual Litigation Trends Survey What’s in this report from Norton Rose Fulbright:Across industries, corporate counsel faced an increase in regulatory disputes in 2022, and 2023 is expected to be another busy year, as agencies step up their enforcement of cybersecurity, white-collar crime, and labor and employment...
Despite recent statement by DOJ official, CCO certification could hang like Sword of Damocles
In our hyper-connected world, just about every company is a tech company. As commerce and technology become increasingly intertwined, it’s even more important for senior executives and board members to ensure they have basic technological understanding, and Protiviti’s Jim DeLoach has the important questions for them to answer. Research indicates there is a financial performance payback from a technology-savvy board....
Today’s legal functions must become a growth engine for the business and focus on proactively creating value. But the transition isn’t easy. Kearney’s Mike Chapman, Phil Caruso, Seth Anderson and Paul Weichselbaum discuss five keys that can help chief legal officers fulfill this new mandate. The winds of change are blowing hard across the landscape of traditional legal functions. CEOs...
The more things change, the more they stay the same. This time last year, we summarized the top 10 ESG stories of 2021, and those three letters continued to dominate our coverage this year. But we brought you much more than that, including coverage of FCPA enforcement actions, ethical lapses by world leaders, ongoing Covid-19 impacts and more. In no...
Though it’s announced a new focus on corporate criminal enforcement, the DOJ has also, helpfully, given companies a playbook for avoiding running afoul of the law. StoneTurn’s Jonny Frank explores eight actions firms can take to remain in the government’s good graces. DOJ's initial and further revisions to corporate criminal enforcement policies epitomize the carrot-and-stick approach. Organizations that embrace the...
Serious risks to your company’s financial and reputational health probably aren’t going to walk up and introduce themselves. Protiviti’s Jim DeLoach offers tips on digging to reveal these potential pitfalls. Risk transparency is vital to every company. When Mary Barra became CEO of General Motors in 2014, she had no idea her first order of business would be to preside...
Parametric insurance, which has long been popular in disaster recovery, is gaining steam as a proxy for proving the effectiveness of ESG programs. Nir Kossovsky and Denise Williamee of insurer Steel City Re explore details of this novel ESG solution. New SEC rules, market trends and DOJ guidance have put compliance at the nexus of corporate reputation management. Whether it’s...
In mid-October, the DOJ announced it had reached a guilty plea agreement with Lafarge, a French cement manufacturer, and its Syrian subsidiary. While the cases against the companies represent the first-ever material support of terrorism charges the department has brought against a corporation, as a trio of attorneys from Paul | Weiss explains, they probably won’t be the last. Last...
A relatively new law (the Defend Trade Secrets Act) aims to give businesses a legal framework to fight against theft of trade secrets by insiders. María Amelia Calaf of Wittliff Cutter explains the nuances of the law and discusses how businesses can prevent misappropriation of valuable trade secrets. Two founders hire their first employee to help develop a key component...
The SEC is expected to publish its final rules regarding ESG disclosures later this year, and in the meantime, both the agency and consumers have been busy making noise about companies’ environmental records. Experts say that without a sober evaluation of claims, you could be risking your very reputation. Edited 10/06/22 “Seafood With Standards.” “Traceable. Sustainable. Responsible.” “These are more...
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