Lawrence Jacobs
Encyclopedia
Lawrence "Lon" A. Jacobs (born May 4, 1955) is the former Chief Legal Officer
, Senior Executive Vice President and Group General Counsel of News Corporation
.
summa cum laude and Brooklyn Law School
cum laude.
He has been a member of the Bar of the State of New York since 1982.
, whose position he took over in 2004 when Siskind stepped down and announced his retirement.
His salary in 2007 was $4.1 million.
Jacobs' resignation came when he approached the company Chief Operating Officer Chase Carey
to inform him that News Corp. was in breach of his contract; chairman & CEO Rupert Murdoch
was using former New York City Schools Chancellor, and newly appointed News Corp. executive, Joel Klein
, who joined the company in November 2010, for legal counsel instead of himself. He was released from his multimillion-dollar contract with News Corp. with four years remaining on it.
There are numerous reports regarding the cause for Jacobs' sudden departure, though it is rumored that Jacobs left due to being the top legal officer during the time of the News International phone hacking scandal, as well as friction with Klein. It is also speculated that Jacobs left because of the mishandling of several legal cases, forcing the company to pay $656 million in defeats.
Despite such speculation as to Jacobs' reasoning for leaving, it is not known that Jacobs had any involvement in or knowledge of the News of the World phone hacking.
A successor for Jacobs has not yet been named and Jacobs has not announced where he will work following his 15 year tenure at News Corporation.
, Pennsylvania
.
He lives with his wife Hannah and his two daughters on the Upper West Side
of New York City
.
Chief Legal Officer
A chief legal officer is the highest-ranking corporate officer concerning legal affairs of a corporation or agency. Chief legal officers typically hold the title of general counsel.- Skill requirements :...
, Senior Executive Vice President and Group General Counsel of News Corporation
News Corporation
News Corporation or News Corp. is an American multinational media conglomerate. It is the world's second-largest media conglomerate as of 2011 in terms of revenue, and the world's third largest in entertainment as of 2009, although the BBC remains the world's largest broadcaster...
.
Education
Jacobs graduated from Temple UniversityTemple University
Temple University is a comprehensive public research university in Philadelphia, Pennsylvania, United States. Originally founded in 1884 by Dr. Russell Conwell, Temple University is among the nation's largest providers of professional education and prepares the largest body of professional...
summa cum laude and Brooklyn Law School
Brooklyn Law School
Brooklyn Law School is a law school located in Brooklyn Heights, in Downtown Brooklyn, New York.-History:Founded in 1901 by William Payson Richardson and Norman P. Heffley, Brooklyn Law School was the first law school on Long Island. Using space provided by Heffley’s business school, the law...
cum laude.
He has been a member of the Bar of the State of New York since 1982.
News Corporation
Jacobs joined News Corp. in 1996 as deputy to Arthur SiskindArthur Siskind
Arthur Siskind is a lawyer and businessperson. He has been an executive director of the News Corporation since 1991. He served as their group general counsel from March 1991 until December 2004. He was succeeded by Lawrence Jacobs. Mr. Siskind remains on News Corporation’s Board of Directors...
, whose position he took over in 2004 when Siskind stepped down and announced his retirement.
His salary in 2007 was $4.1 million.
Resignation
On June 8, 2011, Jacobs announced that he would be stepping down from his position as General Counsel at News Corp. in order to "pursue new opportunities."Jacobs' resignation came when he approached the company Chief Operating Officer Chase Carey
Chase Carey
Chase Carey is the President, Chief Operating Officer , and Deputy Chairman of News Corporation, a major international media conglomerate.-Education:...
to inform him that News Corp. was in breach of his contract; chairman & CEO Rupert Murdoch
Rupert Murdoch
Keith Rupert Murdoch, AC, KSG is an Australian-American business magnate. He is the founder and Chairman and CEO of , the world's second-largest media conglomerate....
was using former New York City Schools Chancellor, and newly appointed News Corp. executive, Joel Klein
Joel Klein
Joel Irwin Klein was Chancellor of the New York City Department of Education, the largest public school system in the United States, serving more than 1.1 million students in more than 1,600 schools...
, who joined the company in November 2010, for legal counsel instead of himself. He was released from his multimillion-dollar contract with News Corp. with four years remaining on it.
There are numerous reports regarding the cause for Jacobs' sudden departure, though it is rumored that Jacobs left due to being the top legal officer during the time of the News International phone hacking scandal, as well as friction with Klein. It is also speculated that Jacobs left because of the mishandling of several legal cases, forcing the company to pay $656 million in defeats.
Despite such speculation as to Jacobs' reasoning for leaving, it is not known that Jacobs had any involvement in or knowledge of the News of the World phone hacking.
A successor for Jacobs has not yet been named and Jacobs has not announced where he will work following his 15 year tenure at News Corporation.
Personal Life
Jacobs grew up in MiddletownMiddletown, Pennsylvania
Middletown is the name of more than one location in the U.S. state of Pennsylvania:*Middletown, Dauphin County, Pennsylvania: 17057, of the Harrisburg metropolitan area*Middletown, Northampton County, Pennsylvania: 18017...
, Pennsylvania
Pennsylvania
The Commonwealth of Pennsylvania is a U.S. state that is located in the Northeastern and Mid-Atlantic regions of the United States. The state borders Delaware and Maryland to the south, West Virginia to the southwest, Ohio to the west, New York and Ontario, Canada, to the north, and New Jersey to...
.
He lives with his wife Hannah and his two daughters on the Upper West Side
Upper West Side
The Upper West Side is a neighborhood in the borough of Manhattan, New York City, that lies between Central Park and the Hudson River and between West 59th Street and West 125th Street...
of New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
.