In-House Perspective articles

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Big Data Playing Bigger Role in Antitrust Review

Big Data Playing Bigger Role in Antitrust Review

Last December, Microsoft won early approval from the European Commission to purchase the professional networking site LinkedIn for $26.2 billion, despite lingering antitrust concerns. A key to its success? Microsoft “agreed to add Xing AG, Germany’s biggest professional-networking site, to its Windows software to eliminate opposition in the European Union antitrust review,” Bloomberg reported. By demonstrating that

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Is Deutsche Bank’s Refusal to Pay Junior Lawyers Misguided?

Talk of the morning came out of the U.K., when Legal Week reported that Deutsche Bank will stop paying its outside law firms for work performed by newly qualified lawyers and trainees. “The decision, which will apply to firms appointed as a result of Deutsche’s current panel review, represents a first major move by a

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Trump SEC Pick Set for Contentious Reunion With Elizabeth Warren

By Ben Bain, Bloomberg News Jay Clayton, the Wall Street lawyer tapped to lead the Securities and Exchange Commission, faces what could be an uncomfortable reunion this week with U.S. Senator Elizabeth Warren. Two decades ago, Warren was a little-known law professor at the University of Pennsylvania. Clayton was a Penn law student at the

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Where Have All the Big Law Associates Gone? (Perspective)

Editor’s Note: This column is written by two legal recruiters. By Bob Graff and Michelle Fivel, Major, Lindsey & Africa Sourcing and recruiting qualified, experienced mid-level associates has become difficult. Today, there are significantly fewer candidates than there had been previously, and law firms, as well as in-house legal teams, are feeling the pinch. There

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Notes on a Law Firm Pitch From an In-House Attorney (Perspective)

Editor’s Note: The author of this post leads the legal support function to Microsoft’s U.S. Central Region Enterprise & Partner Group and is based in Chicago.  By Dennis Garcia, Assistant General Counsel, Microsoft Corporation I recently attended a legal industry conference and had the privilege to serve as a judge alongside other in-house lawyers from various leading

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Gorsuch and Partisanship on the U.S. Supreme Court: QuickTake

Political leanings, lifetime appointments, and controversial nominations are just some of the issues plaguing the U.S. Supreme Court. QuickTake looks at why these and other problems have the American public losing faith in the highest court in the land, and what could be done to restore it.   By Laurie Asseo, Bloomberg News America’s founding

chelsea grayson

Chelsea Grayson: From Law Clerk to American Apparel CEO

Chelsea Grayson Chief Executive Officer of American Apparel   Chelsea Grayson, chief executive officer of American Apparel, originally joined the company in 2014 as general counsel and rose to the top roughly two years later. She previously spent her entire professional career focusing on mergers and acquisitions at Jones Day and Loeb & Loeb. In February, a

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White House Proposes $1 Billion Cut to DOJ Funding

By Liz Crampton, Bloomberg BNA President Donald Trump proposed a $1.1 billion cut for the Department of Justice in a budget blueprint released March 16, but the document provides few details on how the administration wants the Antitrust Division to be funded. The fiscal 2018 budget blueprint also doesn’t include proposed funding levels for independent

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PwC’s Takeover of ‘The World’s Best Tax Law Firm’

In a move that illustrates how the professional services market is changing, about half of General Electric’s tax department — once described as as ‘the world’s best tax law firm’ — is moving to PwC in April. Under the deal, about 600 people — the majority said to be lawyers or accountants — were offered positions at PwC where they

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Bank of America’s Former Top Lawyer Lynch to Retire in April

By Laura J. Keller and Greg Farrell, Bloomberg News Bank of America Corp. Vice Chairman Gary Lynch, the Wall Street lawyer brought in to help the lender clean up its financial crisis-era mess, is retiring. Lynch, 66, will step down April 1, according to a statement on the Charlotte, North Carolina-based bank’s internal website. He was the firm’s general