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Legal governance, risk management, and compliance (LGRC) refers to the complex set of processes, rules, tools and systems used by corporate legal departments to adopt, implement and monitor an integrated approach to business problems.
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 ...
World trade. Corporate law (also known as company law or enterprise law) is the body of law governing the rights, relations, and conduct of persons, companies, organizations and businesses. The term refers to the legal practice of law relating to corporations, or to the theory of corporations.
A large majority of legal departments—81 percent—are not prepared to support their companies as they go through the digitization process, according to a report released Wednesday by research...
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 increase corporate demands for accountability, transparency, and predictability.
A Company secretary is a senior position in the corporate governance of organizations, playing a crucial role in ensuring adherence to statutory and regulatory requirements. This position is integral to the efficient functioning of corporations, particularly in common law jurisdictions.
United States corporate law. The New York Stock Exchange ( headquarters pictured) is the major center for listing and trading shares in United States. Most corporations are, however, incorporated under the influential Delaware General Corporation Law. United States corporate law regulates the governance, finance and power of corporations in US law.
The multinational technology corporation Apple Inc. has been a participant in various legal proceedings and claims since it began operation and, like its competitors and peers, engages in litigation in its normal course of business for a variety of reasons.
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Because of the extensive experience of the Delaware courts, Delaware has a more well-developed body of case law than other states, [6] which serves to give corporations and their counsel greater guidance on matters of corporate governance and transaction liability issues.