On June 7, 2022, US Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) introduced a bipartisan bill to regulate the cryptocurrency/digital assets market. While the Lummis-Gillibrand Bill will no doubt undergo substantial amendments before - and if - it becomes law, its bipartisan provenance points to likely directions for U.S. crypto/digital assets law and regulation. This article explains why some of the Lummis-Gillibrand provisions are revolutionary.
In this article, in-house counsel speak about their experiences during the current crisis, and many lay out a range of useful steps they can take if they are currently looking for work or anticipating that they may soon need to be looking for new opportunities.
This report provides a summary of the use of technology within legal departments, based on a survey conducted in autumn 2020 at the behest of the Tools & Technology Interest Group of ACC Legal Operations.
This report provides a summary of the use of technology within legal departments, based on a survey conducted in autumn 2020 at the behest of the Tools & Technology Interest Group of ACC Legal Operations.
About 85 percent of all corporate espionage incidents involve current or past employees. Use this article to implement strategies protecting trade secrets.
2023 is shaping up to be a landmark year for data privacy, as comprehensive consumer privacy laws take effect in four states and a fifth state expands its already robust privacy compliance requirements. Womble Bond Dickinson assembled a panel of privacy, technology and data security attorneys to discuss these upcoming changes and the regulatory compliance steps companies need to take. This article is taken from that conversation.
Learn about the importance of appropriate IP due diligence in transactions decision-making and risk-taking.
This QuickCounsel will cover who will be included in the Order's definition of "critical infrastructure" from the private sector, what specific standards will be adopted to enhance cybersecurity, and what incentives will be created to encourage private sector adoption of the selected standards.
This article provides a discussion of the principal US Securities Act of 1933 sections, rules and regulations that may be used for registration-exempt offers and sales of securities for the purpose of raising capital and their respective requirements, advantages and disadvantages. Following the discussion, are “Deal Points” on important considerations in the exempt-from-registration offering process and what at all costs not to do.
On July 2, 2014, the National People’s Congress of the People’s Republic of China (PRC) released amendments to the 2009 PRC Food Safety Law (Amendment) for public comment. Before the call for comment, the Amendment was reviewed four times. No further significant amendments are expected before the revised PRC Food Safety Law comes into effect later this year or in early 2015.
The transition from outside counsel to in-house attorney might seem daunting at first. A firm lawyer has limited knowledge of each client and most likely concentrates in one area of the law. In-house counsel must understand the industry, business and culture of his employer and make himself indispensable. This article offers tips on how a newly minted in-house attorney can succeed.
Whether you believe that the legal profession has changed little or drastically, one thing that has evolved over the years is the role of general counsel. The GC role that once consisted of oversight and management of the legal function now involves everything from advising on issues of globalization to risk management. GCs and their legal departments therefore must be armed with the necessary resources to insure their organizations’ success.
With data breaches and security vulnerabilities on the rise, it is essential that your company develop an effective information security and data protection program. First, legal and business stakeholders must collaborate to form a comprehensive yet accessible policy. This article outlines a three-step process and 10 lessons learned that can help with facilitated policy development.
Compliance and ethics offices have become more popular, but does your client need one? This column offers thoughts to consider before making such an investment.
Depending on the industry, your board members could be in breach of their duties if they don’t consider the company’s impact on climate change. The climate is changing - more precipitously and with more severe consequences than many anticipated and it will impact companies and board members in a number of different ways. This ACC Docket article outlines actions that board members can take in order to clearly communicate with their shareholders, provide support for their customers and invest in their employees in order to control the environmental impact of climate change on their company.
When it comes to mediation, no one is asking you to be friends with opposing counsel. Instead, approach it with a sense of civility and look at the case as objectively as possible. Even if you’re not interested in a settlement, the tips presented in this article will allow you to move past litigation and focus on more productive business.
It pays to be in shape - just ask an administrator in charge of health care benefits. As costs continue to rise for insurance coverage, companies are implementing 'wellness programs' to improve the quality of life for their staff and reduce business expenses in the long run. How can you help to ensure that employees don't make themselves - and your company - physically or financially sick? This article offers up some realistic remedies.
Elizabeth Whitman discusses how her company has handled the recent turbulence in the real estate market and what to expect with the introduction of new legislation.
This Leading Practices Profile, a supplement to ACC’s 2006 Leading Practices Profile, Contract Management for Small Law Departments, features the law department leading contract management practices of seven entities who provided background on databases and repository systems, and contract review, approval and archiving policies.
This resource introduces and provides access to a virtual library of the most common usages of trade or other business practices in France, courtesy of the Centre du Droit de l'Entreprise at the University of Montpellier School of Law.
As part of the UAE’s 50th anniversary celebrations, the government revealed the largest legal reforms in the country’s history, most of which went into effect January 2, 2022. This briefing is an overview of three key areas for directors of UAE companies to be aware of across the legislative suite.
This issue covers corporate subsidiary governance, litigation privilege, and partial pension wind-ups.
This is a sample employee handbook for an LLC company.
This Leading Practices Profile describes the structure of law departments and the role of general counsel in Canada in providing in-house legal services to support multinational businesses. In-house counsel from eight companies reveal how their in-house legal departments are structured and operate, and how they manage the various functions of their law departments, including compliance, technology, retention of outside counsel and providing value to the corporations
they serve.
The FTC will not hesitate to pursue companies that fail to implement reasonable security standards into their technology development cycle. This article reviews recent FTC settlements and offers in-house counsel and compliance officers some practical guidance on things to do to prevent an FTC investigation in their respective companies.
Addresses the dangerous power that Kasky threatens to unleash on the business community and suggests how you, as in-house counsel, can stem the tide of this unwarranted expansion and help protect your company from having to defend against a meritless but costly lawsuit.
This global initial public offering guide will help you navigate the US portion of a global IPO – in other words, an IPO in which you sell locally listed ordinary shares to investors outside the United States.
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