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Entertainment Industry Average GC Cash Salary Dominates Top Tier
In 2016, according to ALM Legal Intelligence's list of the top 100 highest paid general counsel at major corporations, two of the top five hail from the entertainment industry.'The survey, which appears each year in the August issue of ALM's Corporate Counsel, ranks general counsel by total cash salary (defined as salary plus bonuses and non-equity incentive compensation) and includes other compensation metrics such as stock and option awards. This continues a trend over the last four years whereby entertainment industry general counsel have found themselves at or near the top of the list when examined by multiple measures.
From 2013 to 2016, entertainment industry general counsel have accounted for the most appearances on the top 100 list, though they are trailed closely by GCs from the pharmaceutical industry which, in turn, are followed by law department leaders in the insurance, aerospace and defense, and securities industries. See, Figure 1, below.
The DOJ's Corporate Enforcement Policy: One Year Later
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
The DOJ's New Parameters for Evaluating Corporate Compliance Programs
The parameters set forth in the DOJ's memorandum have implications not only for the government's evaluation of compliance programs in the context of criminal charging decisions, but also for how defense counsel structure their conference-room advocacy seeking declinations or lesser sanctions in both criminal and civil investigations.
Use of Deferred Prosecution Agreements In White Collar Investigations
This article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.
A Lawyer's System for Active Reading
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.
Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.