In-house Counsel
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In-house Counsel
A corporate lawyer or corporate counsel is a type of lawyer who specializes in corporate law. Corporate lawyers working inside and for corporations are called in-house counsel. Roles and responsibilities The role of a corporate lawyer is to ensure the legality of commercial transactions, advising corporations on their legal rights and duties, including the duties and responsibilities of corporate officers. In order to do this, they must have knowledge of aspects of contract law, tax law, accounting, securities law, bankruptcy, intellectual property rights, licensing, zoning laws, and the laws specific to the business of the corporations that they work for. In recent years, controversies involving well-known companies such as Walmart and General Motors have highlighted the complex role of corporate lawyers in internal investigations, in which attorney–client privilege could be considered to shelter potential wrongdoing by the company. If a corporate lawyer's internal compan ...
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Mona Zulficar
Mona Salah El Din Zulficar is a prominent Egyptian lawyer and human rights activist and was included in the ''Forbes'' 2021 list of the "100 most powerful businesswomen in the Arab region". She participates in drafting new laws and developing existing laws related to economic legislation; Zulficar is an active advocate for human rights and women, both locally and internationally, and is campaigning for a new family law, to modernize the legal environment in Egypt, to keep pace with the social changes related to the situation of women, and to provide an open, liberal vision for the future. Early life Mona Zulficar was born in Abbassia neighborhood of Cairo to a well-off family. Her father Salah Zulfikar (1926-1993) who was a police officer at the time, became a famous film actor and producer, and her mother Nafisa Bahgat was a socialite. She had one brother, Ahmed Zulfikar (1952-2010) who was an engineer and businessman. Positions held * Partner and chairperson of the Board of ...
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General Motors
The General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and was the largest in the world for 77 years before losing the top spot to Toyota in 2008. General Motors operates manufacturing plants in eight countries. Its four core automobile brands are Chevrolet, Buick, GMC (automobile), GMC, and Cadillac. It also holds interests in Chinese brands Wuling Motors and Baojun as well as DMAX (engines), DMAX via joint ventures. Additionally, GM also owns the BrightDrop delivery vehicle manufacturer, GM Defense, a namesake Defense vehicles division which produces military vehicles for the United States government and military; the vehicle safety, security, and information services provider OnStar; the auto parts company ACDelco, a GM Financial, namesake financial lending service; and majority ownership in t ...
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General Counsel
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, distribution, credit, finance, human resources and production, as well as corporate governance and business policy. This would naturally require in most cases reporting directly to the owner or CEO overseeing the very business on which the CLO is expected to be familiar with and advise on the most confidential level. This requires the CLO/general counsel to work closely with each of the other officers, and their departments, to appropriately be aware and advise.The 2011 In-House Counsel Compensation Survey, Question 1Profiles of In-House Counsel 200Who Does Your Counsel Report To? (2001) (T ...
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Enterprise Legal Management
Enterprise legal management (ELM) is a practice management strategy of corporate legal departments, insurance claims departments, and government legal and contract management departments. ELM developed during the 1990s in response to increased corporate demands for accountability, transparency, and predictability, and employs software to manage internal legal documents and workflows, electronic billing and invoicing, and to guide decision-making through reporting and analytics. Definitions Still an evolving term, ELM is a recognized management discipline and a strategic objective of general counsel. Some have argued that ELM falls within the broader category of corporate governance, risk, and compliance ( GRC); others maintain that ELM and GRC are separate entities along a continuum. Separate but related technologies include information governance, electronic discovery, legal hold, contract management, corporate secretary, and board of directors’ communications. ELM sof ...
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National Law Journal
''The National Law Journal'' (NLJ) is an American legal periodical founded in 1978. The NLJ was created by Jerry Finkelstein, who envisioned it as a "sibling newspaper" of the ''New York Law Journal''. Originally a tabloid-sized weekly newspaper, the NLJ is now a monthly magazine that publishes online daily. The NLJ is owned by ALM (formerly American Lawyer Media). In September 2017, Lisa Helem was promoted to editor in chief. Content and publications ''The National Law Journal'' reports legal information of national importance to attorneys, including federal circuit court decisions, verdicts, practitioners' columns, coverage of legislative issues and legal news for the business and private sectors. The journal releases its list of the "100 Most Influential Lawyers in America" once every few years. The NLJ conducts surveys on issues of pertinence to the legal profession. In 1998, the NLJ released a survey that found that 82 percent of partners in large law firms believe the ...
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Investment Banking
Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated with corporate finance, such a bank might assist in raising financial capital by underwriting or acting as the client's agent in the issuance of debt or equity securities. An investment bank may also assist companies involved in mergers and acquisitions (M&A) and provide ancillary services such as market making, trading of derivatives and equity securities, FICC services ( fixed income instruments, currencies, and commodities) or research (macroeconomic, credit or equity research). Most investment banks maintain prime brokerage and asset management departments in conjunction with their investment research businesses. As an industry, it is broken up into the Bulge Bracket (upper tier), Middle Market (mid-level businesses), and boutique ...
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Mergers And Acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must co ...
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Divorce
Divorce (also known as dissolution of marriage) is the process of terminating a marriage or marital union. Divorce usually entails the canceling or reorganizing of the legal duties and responsibilities of marriage, thus dissolving the bonds of matrimony between a married couple under the rule of law of the particular country or state. Divorce laws vary considerably around the world, but in most countries, divorce requires the sanction of a court or other authority in a legal process, which may involve issues of distribution of property, child custody, alimony (spousal support), child visitation / access, parenting time, child support, and division of debt. In most countries, monogamy is required by law, so divorce allows each former partner to marry another person. Divorce is different from annulment, which declares the marriage null and void, with legal separation or ''de jure'' separation (a legal process by which a married couple may formalize a ''de facto'' se ...
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Will (law)
A will or testament is a legal document that expresses a person's (testator) wishes as to how their property ( estate) is to be distributed after their death and as to which person ( executor) is to manage the property until its final distribution. For the distribution (devolution) of property not determined by a will, see inheritance and intestacy. Though it has at times been thought that a "will" historically applied only to real property while "testament" applied only to personal property (thus giving rise to the popular title of the document as "last will and testament"), the historical records show that the terms have been used interchangeably. Thus, the word "will" validly applies to both personal and real property. A will may also create a testamentary trust that is effective only after the death of the testator. History Throughout most of the world, the disposition of a dead person's estate has been a matter of social custom. According to Plutarch, the written will was ...
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Law Firm
A law firm is a business entity formed by one or more lawyers to engage in the practice of law. The primary service rendered by a law firm is to advise clients (individuals or corporations) about their legal rights and responsibilities, and to represent clients in civil or criminal cases, business transactions, and other matters in which legal advice and other assistance are sought. Arrangements Law firms are organized in a variety of ways, depending on the jurisdiction in which the firm practices. Common arrangements include: * Sole proprietorship, in which the attorney ''is'' the law firm and is responsible for all profit, loss and liability; * General partnership, in which all the attorneys who are members of the firm share ownership, profits and liabilities; * Professional corporations, which issue stock to the attorneys in a fashion similar to that of a business corporation; * Limited liability company, in which the attorney-owners are called "members" but are not direct ...
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Handmaiden
A handmaiden, handmaid or maidservant is a personal maid or female servant. Depending on culture or historical period, a handmaiden may be of slave status or may be simply an employee. However, the term ''handmaiden'' generally implies lowly status. Depictions in Abrahamic texts In the King James translation of the Hebrew Bible, the term handmaid is applied to a female servant who serves her mistress, as in the case of Hagar being described as Sarai's handmaid, Zilpah being Leah's handmaid and Bilhah as Rachel's handmaid. In each of these cases, the mistress "gave" their handmaid to their husbands "to wife", to bear his "seed" (children). The use in the Torah of the prefix "to", as in "gave ''to'' wife", may indicate that the wife is a concubine or inferior wife. The text repeats that these people remain handmaids of their mistress though they are also the concubine of the mistress's husband. They are referred to interchangeably by the Hebrew terms () and (). Other modern ...
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