In the latest corporate legal developments, in-house legal teams are bracing for a significant increase in outside counsel costs in 2025. This surge is largely attributed to a rise in lawsuits and heightened regulatory scrutiny. Amongst these unfolding events, the former general counsel of Moody’s Corp. faces legal repercussions, as they have been sentenced to eight months in prison for neglecting to file income tax returns on $54 million in income.
These recent legal challenges reflect broader industry trends impacting corporate legal teams across the globe. For more on these developments, read the full coverage from Law360.