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.
With ten months to go for new state privacy compliance laws, this article developed by Womble Bond Dickinson looks at how Colorado, Virginia, and California will be affected and what you should do so your operations stay compliant with the updates.
In the current climate with Russia invading Ukraine, U.S. and international policymakers enacted numerous sanctions that raise many questions. Knowing the typical course of these sanctions in past scenarios helps to triage new risk assessment and update internal controls. This is a “Top Ten” list of considerations.
Recently, the US, the EU, and the UK announced that they will exclude some Russian banks from the SWIFT global payment system, a move that is expected to have a significant impact on these banks’ ability to remain connected with the international financial system and operate globally. The EU also announced plans to restrict the activities of certain Russian media outlets.
The US government, in coordination with the EU, the UK, and other allies, has introduced significant new sanctions and export controls in light of ongoing events across Russia and Ukraine, including new regional embargoes, full blocking sanctions, and other restrictions targeting several major Russian financial institutions, sovereign debt restrictions, the designation of Russian elites and their family members, and sanctions related to the Nord Stream 2 pipeline, among other targets.
Many businesses and organizations use public cloud services. In-house counsel can play a key role with the business through the selection, negotiation, and implementation of such solutions. This Top Ten includes key practical tips drawn from experience as in-house counsel.
This article developed by Womble Bond Dickinson starts the 11-month countdown to develop business compliance strategies for three new omnibus privacy laws coming in 2023: January 1: the California Consumer Privacy Rights Act (which amends the existing CCPA) and the Virginia Consumer Data Protection Act; July1: the Colorado Privacy Act.
In this resource, a summary of the most significant employment-related class action activity form 2021 is reviewed and explained.
Legal Operations is a multi-disciplinary field, requiring aptitude in finance, technology, vendor management, workforce strategy, data analysis, communications, and so much more. Professionals can develop substantive acumen in any of these areas sufficient to allow them to determine “what” the focus of the corporate legal department. However, the culture of the “how” we execute is rarely discussed with the same type of rigor and it requires just as much planning and care to deliver the desired business outcomes.
As expected, 2021 saw continued emphasis on environmental, social, and governance (ESG) issues on a global scale, by governments, regulators, NGOs, the private sector, and other important stakeholders.
This third instalment of Latham’s annual 10 Things to Look Out For blog post highlights the ESG-related developments and trends that we expect to remain in the headlines in 2022.