Emerging Issues: Page 3
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2024 in-house legal outlook series: GCs, CLOs ready for hard decisions
Legal leaders look at practical generative AI use cases and get tough on outside counsel spend, among other priorities this year.
By Lyle Moran and Robert Freedman • Jan. 29, 2024 -
Outside counsel management is a growing focus for in-house legal teams
An emphasis on cost control is prompting legal departments to scrutinize law firm rate requests and examine shifting work to other providers who cost less.
By Lyle Moran • Jan. 29, 2024 -
Trendline
Top 5 stories from Legal Dive
Legal leaders look at practical generative AI use cases and get tough on outside counsel spend, among other priorities this year.
By Legal Dive staff -
Opinion
Why copyright law is equipped to handle AI cases
As legal challenges against AI models and AI-generated writing and art arise, it's critical that courts and regulators avoid piling on new legislative frameworks.
By Jess Miers • Jan. 26, 2024 -
People stories helping DOJ, FTC notch antitrust wins, Kanter says
Several high-profile mergers were abandoned in just the last few months, a result that the federal antitrust chief attributed in part to better communications.
By Robert Freedman • Jan. 26, 2024 -
Opinion
Holding out for a bankruptcy ‘cram down’? Think again.
C-suites should take a hard look at the true cost of bankruptcy before filing for Chapter 11, Lowenstein Sandler’s Kenneth A. Rosen writes.
By Kenneth A. Rosen • Jan. 25, 2024 -
Legal chiefs, diversity officers view DEI differently, survey finds
“The lack of alignment in the C-suite could pose new challenges for organizations in communicating and acting on their IE&D-related positions and values,” the Littler report said.
By Lyle Moran • Jan. 25, 2024 -
76% of companies link pay to ESG performance in rising trend
The biggest companies are weaving ESG into pay incentives despite a backlash against the use of sustainability as a metric for corporate performance.
By Jim Tyson • Jan. 24, 2024 -
Law firm security breaches are fairly common, survey finds
The tech decision-makers surveyed said improved training and technology would help their law firms become better prepared to address cybersecurity threats.
By Lyle Moran • Jan. 22, 2024 -
Legal teams to test AI promises with use cases in 2024
If 2023 was the year legal leaders began to think about deploying AI in their operations, 2024 will be the year they try to convert the technology’s promise into tools with measurable results.
By Robert Freedman • Jan. 22, 2024 -
BlackRock eases on ESG messaging amid increased scrutiny
The asset manager’s investment stewardship and Q4 earnings report signal a pivot on BlackRock’s language on climate change and corporate sustainability initiatives.
By Zoya Mirza • Jan. 22, 2024 -
Setting limits on employees’ hot-button social media posts
Employers have leeway to fire people for what they say on social media but doing so isn't always the best approach, specialists say.
By Lisa Burden • Jan. 19, 2024 -
Opinion
A CLO’s GenAI prediction: We’ll lean into it — and our humanity
A human-centric, converged approach to harnessing new technology is what will truly make 2024 in-house counsel’s time to shine.
By Shana Simmons • Jan. 18, 2024 -
Top court appears mixed on keeping Chevron deference
Justices split on ideological grounds over whether agencies should retain their privileged position resolving statutory ambiguities, but a middle ground has emerged, too.
By Robert Freedman • Jan. 18, 2024 -
Racist trophy at holiday party costs employer $22,500
On top of monetary damages, the auto company’s settlement with the EEOC requires racial discrimination and harassment training.
By Caroline Colvin • Jan. 16, 2024 -
Turning DEI policies into aspirations unlikely to stem bias lawsuits
Companies face challenges from conservative anti-bias groups even after replacing explicit diversity, equity and inclusion goals with more broadly characterized aims.
By Robert Freedman • Jan. 16, 2024 -
Legal use of GenAI tools is massively error-prone, Stanford researchers say
A deep look at how large language models perform suggests the technology is far from ready for widespread use by lawyers without close supervision.
By Robert Freedman • Jan. 12, 2024 -
Importance of boards before, during and after a cyber incident
The best practice is to get members of the board involved at the right time.
By Robert Freedman • Jan. 11, 2024 -
Cloud concentration poses challenges for businesses, survey finds
“The risk associated with cloud concentration is fast losing its ‘emerging’ status as it is becoming a widely recognized risk for most enterprises,” a Gartner director said.
By Lyle Moran • Jan. 10, 2024 -
5 fashion lawsuits to watch in 2024
As e-commerce and resale gain popularity, and companies face shareholder pressure, there's no shortage of courtroom drama.
By Laurel Deppen • Jan. 10, 2024 -
SVB Financial to retain VC business under creditors in asset shuffle
SVB Financial agreed with key creditors to form a new company that would hold the firm’s venture capital unit in a step toward its bankruptcy exit plan.
By Rajashree Chakravarty • Jan. 10, 2024 -
DOL: Beyond Yoga contractors to pay over $1M in wages, damages to garment workers
Additionally, the Office of the Solicitor secured a consent judgment against Good Cash and Premium Apparel entities, imposing a $200,000 civil money penalty for violating the Fair Labor Standards Act.
By Zoya Mirza • Jan. 9, 2024 -
Deep Dive
6 in-house legal trends to watch in 2024
AI, labor, antitrust, bankruptcies, women GCs and cross-collaboration are among the headlines in-house counsel can expect this year.
By Lyle Moran and Robert Freedman • Jan. 9, 2024 -
Compensation committees face busy dockets in 2024, experts say
Incentive plan performance ranges and the use of discretion in incentive payouts are among the issues compensation panels are likely to confront.
By Lyle Moran • Jan. 8, 2024 -
Bankruptcies surge 18% in 2023 as more distress looms
The rise in business failures was one of the darker pieces of last year’s economic puzzle.
By Maura Webber Sadovi • Jan. 5, 2024 -
Emboldened union climate adds to M&A risks
In-house counsel have more to wade through from a labor standpoint if their organization is looking at an acquisition, attorneys say.
By Jessica Mach • Jan. 5, 2024