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Working for a startup can come with a lot of perks including flexibility and a fun environment. But when a VC invests to the point where it can push out your startup's founder, you might want to consider reviewing the situation.

While the research shows that companies that are doing well to begin with go on to be even more successful when a founder is replaced with someone who actually has business acumen, a founder getting axed from their own company is a rather ominous sign of things to come for that relaxed environment. If the startup you work for is doing well and your founder gets replaced, you can probably say goodbye to the weekly in office masseuse and other ridiculous perks that attracted you there in the first place as logic might just be taking over in an effort maximize profits and the company's valuation.

Along with the increasing trend of employers using an employee's biometrics to secure data, employers are facing more lawsuits as a result of running afoul of state laws imposing restrictions, and penalties, relating to their employees' rights to biometric privacy.

For example, in Illinois, the Biometric Information Privacy Act (BIPA) not only regulates the disclosure, retention, and protection of biometric data, the act contains a private right of action and statutory damages. BIPA allows employees to sue individually, and for every violation proved, they get $1,000 or $5,000 depending on whether the violation was shown to be negligent or intentional.

When companies evaluate their legal departments, generally, the most important metric involves cost: Did the lawyers save the company more money than they cost? However, this metric is incredibly elusive, as litigation/legal exposure is about as far from an exact science as it gets.

In addition to the various dollars and cents metrics that companies have used for years, there are quite a few metrics that go beyond the usual. Below you can read about three less common metrics you can use to evaluate your in house legal team.

Handling a CEO Who Thinks He Is Above the Law

Some people will do anything as long as they can get away with it.

If that somebody happens to be the chief executive officer, it can be a bigger problem than just one person. Bad behavior can literally take down a whole company.

If you are the general counsel, now it's your problem. So what to do with a CEO who thinks he or she is above the law?

Marijuana 'Compliance Company' Planned Illegal Pot Party

Capitol Compliance Management offers to help businesses comply with laws that affect the cannabis industry.

So it came as a surprise when city officials shut down the company's "Holiday Budtender Bash" before it started. It was supposed to be an event for attendees to "smoke out with your favorite budtenders" and try out the "dab bar" where people could sample the latest products.

Somehow, the company attorney didn't get the memo because that party was against the law.

Look Out for New Data-Breach Notification Laws

The Securities and Exchange Commission is tightening rules on cybersecurity, but in a way it's like that horse already left the barn.

The SEC announced its plans after the massive Equifax data breach, which compromised the personal information of 145 million Americans last year. But what was worse, the SEC failed to disclose that it was hacked a year earlier.

Now the agency wants us to increase cybersecurity?

When it comes to leading a company, c-level executives have quite a bit of power and discretion. Apart from the legal liabilities executives and officers can incur on behalf of a company, poor decision making can lead to financial losses. As such, it makes sense for corporations to heavily vet and screen potential c-level hires.

However, a question that sometimes arises when discussing how to ensure a top executive is fit for duty is whether a company can (and should) subject top executives to mental health evaluations.

There is no doubt that the current executive administration is doing what it can to rollback government regulations, but that doesn't mean you'll be able to get away with avoiding all your compliance related activities for 2017.

If you're an in house or GC, you're probably still buried in some of it right now. In fact, most of the laws that require some form of federal corporate compliance and reporting are still intact, and if your company does business in Europe, you're probably gearing up for a challenging 2018 for regulatory compliance already.

Here are three tips to make you compliance and reporting duties easier at the end of 2018:

Advising the CEO Not to Resign

After Dish Network's Charles Ergen announced his resignation, his personal stock dropped almost $1 billion by the end of the week.

He had started the business almost 40 years earlier, selling satellite dishes out of the back of a truck in rural Colorado. His resignation pushed down the company's value, but he still owns 48 percent of it and has a net worth of almost $15 billion.

Good for him, but no so much for investors. So, for the sake of the company, when should a general counsel advise a CEO not to quit?

VW Exec Gets Maximum Prison Term

Note to client: "When pleading guilty, do not blame someone else for your crime."

Oliver Schmidt, a former Volkswagen executive, apparently didn't get the memo. Not that one anyway.

He was sentenced to the maximum term of seven years and ordered to pay $400,000 for his part in the auto company's scandal. Volkswagen cheated emissions tests, and Schmidt covered it up.