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A small-town corporate lawyer in a small firm may deal in many short-term jobs such as drafting wills, divorce settlements, and real estate transactions, whereas a corporate lawyer in a large city firm may spend many months devoted to negotiating a single business transaction. Similarly, different firms may organize their subdivisions in ...
A general counsel, also known as chief counsel or chief legal officer (CLO), is the chief in-house lawyer for a company or a governmental department.. In a company, the person holding the position typically reports directly to the CEO, and their duties involve overseeing and identifying the legal issues in all departments and their interrelation, including engineering, design, marketing, sales ...
Corporate law is often divided into corporate governance (which concerns the various power relations within a corporation) and corporate finance (which concerns the rules on how capital is used). Directors also owe strict duties not to permit any conflict of interest or conflict with their duty to act in the best interests of the company. This ...
A legal department with a small number of in-house attorneys might oversee thousands of cases managed by outside counsel, while a large internal legal department could handle most cases in-house. Smaller departments focused on management of workflow, collaboration, and spend management ; larger departments had greater needs for internal matter ...
In Chile, companies are required to have a Crime Prevention Officer who fulfills the role of a Compliance Officer, as they manage the Crime Prevention Model within the framework of the Corporate crime Liability (Ley 20.393). This law holds legal entities accountable for crimes such as money laundering, terrorist financing, and bribery, among ...
The corporation counsel is the title given to the chief legal officer who handles civil claims against the city in some U.S. municipal and county jurisdictions, including negotiating settlements and defending the city when it is sued. Most corporation counsel do not prosecute criminal cases, but some prosecute traffic and local ordinance ...
The Association of Corporate Counsel (ACC), founded as the American Corporate Counsel Association (ACCA) in 1983, is a professional association serving the business interests of attorneys who practice in the legal departments of corporations, associations and other private-sector organizations around the world. ACC states that it has more than ...
McDonald's has been involved in a number of lawsuits and other legal cases in the course of the fast food chain's 70-year history. Many of these have involved trademark issues, most of which involving the "Mc" prefix, but McDonald's has also launched a defamation suit which has been described as "the biggest corporate PR disaster in history".
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