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Under the microscope

Sweeping executive compensation disclosure rules that go into effect Nov. 7 will put the pay of high-level officers and directors under the microscope for the public to see. The new regulations will force public companies to disclose valuation and tabulation of all aspects of executive compensation – including stock and option grants, pension contributions, deferred compensation, and all perquisites over $10,000.

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Harvard launches ambitious study of legal services buying

Harvard Law School has launched an ambitious new study analyzing hundreds of corporations to understand how they are purchasing legal services in the modern global economy. The first non-commercial study of its kind, its goal is to assist general counsel on the best way to choose outside counsel and to help law firms find the best ways to present themselves to companies seeking legal services.

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Scandal Du Jour

The business world it seems has been buffeted by scandal after scandal since we’ve entered the 21st century. Corporate fraud is the biggie, of course, which led to Sarbanes-Oxley and a raft of other “reform” laws and regulations. Of more ...

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Newsmakers

New Associations Michael A. Bergeron has been appointed supervising attorney at Pilgrim Advocates, Inc. in Brockton, Mass. Amy W. Bizar has joined TERI, a non-profit organization in Boston, as vice president and general counsel. Sheila C. Casey has been named ...

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H-P scandal puts spotlight on employers’ investigations

With the Hewlett-Packard scandal putting the possible risks of private investigation on the radar screen, management lawyers are advising clients about what they should and should not do when they want to investigate an employee. H-P is under scrutiny for ...

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Option backdating litigation heats up

With new Securities and Exchange Commission enforcement proceedings and shareholder suits over stock option backdating cropping up more and more, attorneys should be urging public companies to complete internal investigations of their options practices. The SEC is investigating more than ...

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Employers get tough about laptop security

Another day, another story of stolen laptops filled with personal information. The spate of thefts began in May 2005 with the laptop of a Justice Department employee which contained the information of 80,000 fellow department employees. This was followed in ...

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Appellate mediation catches on

Robert Rack’s caseload at the 6th Circuit includes appeals of bankruptcy proceedings, employment discrimination claims, business contract disputes, personal injury cases, investment fraud claims and excessive force cases. And if Rack is successful, there won’t be a single brief filed ...

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Emotional distress damages aren’t taxable

The federal government can’t tax the money a plaintiff received as compensation for emotional distress and other intangible injuries, the D.C. Circuit recently ruled, holding that §104(a)(2) of the Internal Revenue Code is unconstitutional as applied. The decision has reignited ...

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