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December 31, 2012
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Legal News in Brief

  Corporate Spotlight 
  • Investors urge SEC to take action against insider trading
    Pension funds and other institutional investors managing more than $3 trillion in assets have called on the Securities and Exchange Commission to adopt guidance aimed at preventing corporate executives from engaging in abusive insider trading. Jeff Mahoney, the Council of Institutional Investors' general counsel, wrote in a letter to SEC Chairman Elisse Walter that new guidelines are "essential to restoring public confidence with respect to purchases and sales of a company's securities by its insiders." The Wall Street Journal (12/30) LinkedInFacebookTwitterEmail this Story
  National News 
  • Baer to lead antitrust division of Justice Department
    Lawyer William Baer has been confirmed by a 64-26 vote in the Senate to lead the antitrust division of the Justice Department. "He's an experienced enforcer who knows how to make hard judgments in both directions," said Janet McDavid of Hogan Lovells. Baer, who is a partner at Arnold & Porter, also has worked at the Federal Trade Commission. Bloomberg (12/30) LinkedInFacebookTwitterEmail this Story
  Legislative Dispatch 
  Employment Focus 
  • Analysis: New regulations help reduce risk in pension plans
    The Moving Ahead for Progress in the 21st Century Act should help stabilize pension plans because the law provides incentives for plan sponsors to bring plans to full funding while reducing risk, lawyer Jeff Mamorsky writes. Other regulations, such as the Dodd-Frank Act, also address pension fund risk, he writes. CFO.com (12/26) LinkedInFacebookTwitterEmail this Story
  Supreme Court and Federal Court Watch 
  Other Legal News 
  • Rate of FOIA lawsuit filings rises in Obama administration, study finds
    More Freedom of Information Act lawsuits were filed during the last two years of President Barack Obama's first term than during the last two years of President George W. Bush's second term, according to the Transactional Records Access Clearinghouse. There were 720 FOIA lawsuits filed under the Obama administration during that time, compared with 562 such lawsuits during the same portion of Bush's last term. The Blog of Legal Times (12/28) LinkedInFacebookTwitterEmail this Story
  Professional and Business Development 
  • Have your skills reached a plateau?
    After a certain amount of training, workers tend to reach a plateau where they continue gaining experience without getting any better at their jobs, experts say. Advancing past this plateau is how super-talented professionals separate themselves from everyone else. The key to doing this is to dedicate time each week to practicing a task that expands your skills. The Wall Street Journal/At Work blog (12/27) LinkedInFacebookTwitterEmail this Story
  • Professionals need to cultivate 3 types of networks
    There are three types of networks that you need to be happy and successful, says Lynda Gratton, a London Business School professor. One of these networks is your "posse," which is a circle of trusted colleagues who have objectives similar to yours. Your "regenerative community" is composed of people you have personal connections with, while your "big idea crowd" includes people who will expose you to unfamiliar ideas, she says. Harvard Business Review online/HBR Blog Network (12/27) LinkedInFacebookTwitterEmail this Story
 
  PLI News 
  • Your Step-by-Step Guide to Effective Mediations of Commercial Conflicts
    In Anatomy of a Mediation, Jim Freund's 10th book, he describes his technique in detail and takes the reader step-by-step through its application in resolving four expansive hypothetical situations, each focusing on a different type of dispute. LinkedInFacebookTwitterEmail this Story
  • An Explosion of New Financial Products Over the Past Decade
    Understanding Financial Products 2013, in New York and at PLI Online on Jan. 7, is designed as a hands-on learning tool to explain the fundamentals that you need to know when dealing with the more common financial investment products in the marketplace today. LinkedInFacebookTwitterEmail this Story
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  Editor's Note 
  • SmartBrief will not publish Tuesday
    In observance of New Year's Day, SmartBrief will not publish Tuesday. Publication will resume Wednesday. Enjoy the holiday! LinkedInFacebookTwitterEmail this Story
  SmartQuote 
Never tell your resolution beforehand, or it's twice as onerous a duty."
--John Selden,
English jurist and scholar


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