There’s growing demand for legal talent in the crypto world as digital currencies gain legitimacy in the eyes of financial institutions and federal regulators.
Last week, digital currency exchange company Coinbase Inc. announced that Paul Grewal would be its new Chief Legal Officer. Previously, Grewal served as Facebook Inc.’s deputy general counsel after nearly six years as a federal judge in California.
Grewal’s move is the most recent of a series of prominent hires in the crypto-legal world, which many experts say is a sign that crypto is gaining wider acceptance and indicates the industry’s growing need for legal talent. Ruiqi Chen has the story.
Companies Face Possible Data-Transfer Turmoil in EU Court Ruling
U.S. companies may need to brace for tougher restrictions on importing data from the European Union after the bloc’s top court rules this week on two legal mechanisms most use to ship the information.
‘Dreamers’ Denied Jobs Explore Reach of Hiring Bias Protections
A DACA recipient’s hiring discrimination case against Procter & Gamble Co. could be the first to test whether a post-Civil War law prohibits bias based on immigration status. The case is one of at least seven lawsuits filed since the Deferred Action for Childhood Arrivals program was implemented in 2012.
EEOC Alters Mediation Process Under New Temporary Program
Equal Employment Opportunity Commission Chair Janet Dhillon announced a pilot program to change aspects of the agency’s mediation program, including expanding the types of worker bias allegations that are eligible for the process.
Religious Accommodation Reviews on Contractor Watchdog’s Radar
Businesses that have contracts with the federal government can expect the Labor Department to specifically audit their efforts to provide religious and disability accommodations to workers, according to the agency’s top contractor watchdog official.
Unions to Organize Mass Walkouts in ‘Strike for Black Lives’
A coalition of unions plans to lead walkouts in more than 25 U.S. cities July 20, demanding that companies change internal policies to combat racial inequities.
ANALYSIS: Rosy Employer Union Outlook May Have Wilted in 2020
Unionized employers conveyed high hopes and expectations for their 2020 bargaining sessions...in late 2019. Almost all labor relations directors responding to Bloomberg Law’s annual Employer Bargaining Objectives survey indicated they were either “very confident” or “fairly confident” about achieving their bargaining goals this year.
Wall Street’s Campaign to Hire Black Talent Isn’t Going So Well
For Black professionals who get job offers on Wall Street, there’s pay and benefits to consider. But also isolation, bias and racism.
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INSIGHT: Employees Can Refuse Workplace Vaccinations
Employers have a duty to provide a healthful workplace and may consider requiring vaccinations to stem diseases, like Covid-19. University of Illinois College of Law Professor Matthew Finkin warns they might face legal challenges from applicants and incumbent employees based on religious objection, objection due to a medical condition, or objection based on ethical or ideological grounds.
INSIGHT: Tech and Black Lives—Firms Can Mitigate Discrimination in Tech
Tech companies that want to lead in the Black Lives Matter movement should look beyond the standard company responses and proactively identify and seek to mitigate any unintentional disparate impact that their technologies may have on the basis of race, color, or another protected characteristic, Orrick attorneys say.
INSIGHT: Employers Have Options to Deal With Immigration, Trump’s Visa Suspension
Along with the effects of the pandemic, employers are dealing with the Trump administration’s recent immigration restrictions. Yasmin Mirreh, of Erickson Immigration Group, looks at other countries’ immigration actions to find takeaways for U.S. employees on how to deal with the restrictions and gives practical tips for employers.
INSIGHT: Your Next College President May Be the GC Next Door
The number of former general counsel leading colleges and universities has increased seven-fold over the last 20 years. Touro Law’s Patricia Salkin says campus general counsel could be the perfect candidate for a school’s next president, given the proliferation of statutory requirements, regulatory regimes, and legal claims and risks.
BUSINESS & PRACTICE
Amazon Taps DOJ Prosecutor, Helps 3M, Valentino Fight Fake Goods
Misfits Market Snags Warby Parker Lawyer
A subscription box company selling “ugly” fruits and vegetables hired its first in-house counsel from online glasses retailer Warby Parker as food delivery surges due to the coronavirus pandemic.
Drug Companies Reserving Seat for Patent Lawyers at Deal Table
Pharmaceutical companies intent on finding the next blockbuster drug increasingly view patent litigators as a secret weapon at the bargaining table, proving their value to an industry built on intellectual property and dealmaking.
Company Funding Lawsuits Sees Profit Outlook Brighten Amid Virus
Analysts have rapidly lifted their earnings forecasts for a global litigation financier on expectations that the coronavirus pandemic could spark more legal disputes.
- Bloomberg Law’s In Focus: Legal Operations page has been updated to enhance navigation for subscribers to the service. Fundamental categories with dropdown guidance are now clearly identified under Practical Guidance on the left side of the page. More categories will be added in the coming months!
Religious Employers Get Boost in Wage Cases From Supreme Court
The U.S. Supreme Court’s ruling that broadened its test for excluding employees of religious institutions from the protections of anti-discrimination laws bolsters employer arguments that those workers aren’t covered by federal wage law, employment attorneys said.
Bayer to Alter Plan for Handling Future Roundup Cancer Suits
Newell-Jarden $16 Billion Price Tag Upheld by Delaware Justices
Newell Rubbermaid Inc.'s $16 billion acquisition of Jarden Corp. in a 2016 deal that created consumer goods giant
EBay Pig-Mask Stalking Prosecution Adds a Seventh Defendant
A seventh former
Equifax Loses Bid to Drop Data Breach Claims Under New York Law
GM Suffers Blow in Bid to Punish Fiat Chrysler Over Union Bribes
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