There is a growing focus on environmental, social, and governance (ESG) issues in today’s boardrooms. As companies grapple with developing ESG programs, legal operations have an important role. From preparing ESG disclosures and managing risks to collecting, validating, and reporting data, firms can leverage core legal operations functions to build an ESG program that drives improvement over time.
This article provides an update of the sanctions enacted against Russia and Belarus by the United States, United Kingdom, and European Union.
Just a few decades ago, a private practice lawyer in a law firm who decided to go “in-house” endured constant questioning about why they were taking a step back in their career. Was it because they were tired of the breakneck pace of a law firm? Were they OK making less money? Essentially, these lawyers were viewed as “stepping off the treadmill,” and getting “out of the game.” Not a complimentary description. Click here to read more.
The U.S. Department of Labor has blogged about the safety of workers during the busy holiday season, indicating an area of potential enforcement for OSHA in the coming weeks. As this is the season for office holiday parties, check out this article from Seyfarth Shaw detailing tips to minimize your organization’s exposure to legal liability and, more importantly, prevent an undesirable incident from occurring at your office holiday party.
Learn about risks and opportunities in the use of AI in due diligence.
Learn about the FTC's priorities under FTC Chair Lina Khan, who has a more expansive view of antitrust enforcement.
When Christine Ho and her team at Confluent began to consider a CLM implementation, her biggest fear was that they would go through a long, painful, drawn-out process and end up overpromising and under-delivering on the potential for success we knew was possible. In this article, she's outlined a few of the lessons they learned along the way in the hopes that they can inspire and assist other Legal Ops teams going through this exciting but challenging process.
In response to Russia invasion of Ukraine, the United States and dozens of its allies and partners around the globe have imposed what the White House has called, "the most impactful, coordinated, and wide-ranging economic restrictions in history." This article (1) provides an overview of OFAC sanctions jurisdiction and circumvention prohibitions, (2) summarizes recent Russia sanctions, (3) provides a synopsis re sanctions evasion through cryptocurrency, (4) highlights existing US regulatory guidance regarding sanctions evasion through cryptocurrencies, and (5) recommends measures that persons and companies may wish to consider to mitigate the risk of sanctions violations.
Governments and regulators have struggled to keep pace as new digital asset classes and other blockchain applications have risen to prominence. This regulatory uncertainty has caused confusion in the markets and impeded greater adoption of distributed ledger technologies in the United States. However, on June 7, 2022, US Senators Kirsten Gillibrand (D-NY) and Cynthia Lummis (R-WY) introduced the Responsible Financial Innovation Act (RFIA), the first major piece of US federal legislation to provide a reasonably comprehensive regulatory framework for digital assets. This article discusses the most significant provisions of the RFIA.
The US Supreme Court has long been skeptical of novel proposals by federal agencies to address issues of vast economic and political significance. In West Virginia v. EPA, the Court made clear that its past cases reviewing novel applications and interpretations of agency powers do constitute an identifiable “doctrine” for application by courts going forward. When an administrative agency makes a “major policy decision,” it must have “clear congressional authorization” to do so. This case may represent one of the Supreme Court’s most significant administrative law decisions since Chevron U.S.A. Inc. v. Natural Resources Defense Council in 1984.