In the current month’s ABA Law Practice Journal, Susan Saltonstall Duncan of Rainmaking Oasis wrote a nice, concise commentary about Pfizer’s relatively new model for engaging outside counsel.  While other corporate legal departments have branded their particular models for internal operations (DuPont) and engaging and paying for law firm representation (FMC Technologies’ ACES program), Pfizer seems uniquely committed […]

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This past weekend, the new Massachusetts Benefit Corporation statute went into effect, making us the 11th state to enact such a law. Benefit corporations are structured like traditional C-corporations.  They have Articles of Organization (you know, the charter…what we in the Bay State call your Certificate of Incorporation).  They have by-laws.  They’ll likely need all the usual business formation documents: incorporator consents […]

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