In-house Counsel

Former Moody’s GC gets prison time for tax-filing failure on $54M income while life ‘all fell apart’

Updated: The former general counsel at the Moody's Corp., a financial services company, was sentenced to eight months in prison last week for failing to file tax returns while earning $54 million.

Oct 29, 2024 9:06 AM CDT

Companies pay big bucks signing bonuses to lure legal chiefs; who received more than $10M?

Legal chiefs are being enticed to join new companies with big signing bonuses and stock opportunities that sometimes exceed millions of dollars.

Sep 4, 2024 11:38 AM CDT

These 3 law firms are paying summer bonuses; will BigLaw follow?

Is the summer-bonus bandwagon for associates getting revved up? Law firms in California, Texas and New York have announced summer bonuses collectively ranging from $2,500 to $30,000.

Jun 25, 2024 9:02 AM CDT

Religious-liberty training order likely violates lawyers’ constitutional rights, 5th Circuit says

In-house lawyers for Southwest Airlines would “likely suffer a violation of their constitutional rights” if they had to comply with a judge’s order for religious-liberty training taught by Alliance Defending Freedom, a conservative legal advocacy group, a federal appeals court said Friday.

Jun 10, 2024 10:33 AM CDT

Top artificial intelligence insurance tips for lawyers

To better advise artificial intelligence decisions, lawyers should know the benefits, shortcomings and best practices of incorporating insurance into AI risk management.

May 10, 2024 1:52 PM CDT

You can’t litigate your way into Kentucky Derby, says Churchill Downs’ general counsel

The Kentucky Derby has long been known as “the fastest two minutes in sports,” but the 150th Run for the Roses on Saturday will take place without Muth, a horse some say may have been the fastest in the field this year.

May 2, 2024 1:56 PM CDT

Former general counsel failed to file federal tax returns while earning $54M, he admits in guilty plea

The former general counsel for the Moody’s Corp. pleaded guilty last week to willfully failing to pay tax returns during a four-year period in which he earned $54 million in total gross income.

Apr 30, 2024 9:30 AM CDT

From Intake to Outcome: An in-house lawyer’s guide to matter management solutions

In today's fast-paced world, in-house teams require robust tools to manage the complexities of their daily workflows. Matter management software fills this gap and provides a comprehensive solution that streamlines processes from case intake to resolution while also facilitating collaboration with members of internal legal teams and outside counsel.

Apr 19, 2024 2:09 PM CDT

4 data security considerations for GCs when engaging contract lawyers

Contract management. Compliance updates. Discovery responses. Intellectual property portfolio management. These rote, often-time-consuming tasks can all be part of an in-house counsel’s day-to-day schedule. The problem? Many can devolve into costly time sinks for a legal department’s salaried talent.

Apr 17, 2024 3:08 PM CDT

Why I Created a Legal Podcast: To learn, connect and grow

I don’t know about you, but I didn’t have a law school class on networking, business development or client service. Even during my time as a law firm associate, training on these professional skills was informal (at best) but mostly observational as I listened on speakerphone or sat quietly at a client lunch while the partner carried the conversations. There was no structured training in these essential business skills.

Mar 1, 2024 11:15 AM CST

NRA general counsel violated statutory duties but caused no monetary harm, jurors find; LaPierre liable for $5.4M

The general counsel for the National Rifle Association was among three senior NRA leaders found to have violated their statutory duties by jurors Friday.

Feb 26, 2024 12:41 PM CST

Ex-NRA CEO didn’t consult GCs office about key legal decisions, general counsel testifies

Updated: Former National Rifle Association CEO Wayne LaPierre didn’t consult his general counsel before the group sued its advertising agency and sought bankruptcy protection, two legal filings that didn’t end well for the NRA, according to testimony Tuesday.

Jan 31, 2024 12:31 PM CST

There’s an ‘urgent need’ to support female lawyers with children, new ABA report shows

Mothers are far more likely than fathers to encounter negative experiences at work, including disparaging comments, lower compensation and fewer advancement opportunities, according to a new ABA report released Wednesday that assesses how the motherhood penalty and other caregiver bias impacts female lawyers.

Oct 25, 2023 9:34 AM CDT

Charge of attempted strangulation precedes general counsel’s ouster

The general counsel of pet medication and wellness company PetIQ has been fired “without cause” after he was charged with trying to strangle his wife.

Sep 7, 2023 12:52 PM CDT

Which general counsel were paid the most in 2022?

Six of the top 10 highest-paid general counsel work in the tech industry, according to a new report published by Corporate Counsel and ALM Intelligence on Monday.

Aug 28, 2023 12:26 PM CDT