This Leading Practices Profile, an update to ACC’s 2010 piece, features law department leading practices for generating and demonstrating value through a number of value levers, as well as best practices for improving the bottom line and enhancing collation across business units. In wake of the economic downturn in the last decade and the increased pressure to “do more with less,” six participating corporations share their best value-sustaining practices in law department staffing, targeted practice areas, outside counsel management, strategic planning and the use of metrics to measure and track best practices.
This InfoPAK (now known as ACC Guides) provides a high level overview of the lending mark, forms of security over assets, special purpose vehicles in secured lending, quasi-security, negative pledge, guarantees and loan agreements in the British Virgin Islands.
For the first time, there are four generations spanning a six-decade age range in the workforce, and sociologists maintain that each generational cohort has been shaped by unique historical, social and cultural events, and as a result, each has distinct similarities in attitudes, values, expectations and work preferences. Learn what you can do to understand cross-generational work styles, and how you can effectively promote collaboration and growth.
Examines the ethical rules and their interpretation by both courts and ethics' commissions to determine whether an agreement within a settlement package is unethical.
James Nortz explores potential arguments for and against assisting other businesses when they are down, applying ethical considerations and balancing such corporate altruism with your own company's professional goals.
In this issue's Small Law column, Maryrose Delahunty expresses her gratitude for her ACC network who supported her professionally and emotionally after the loss of a family member.
In late 2021, the Law Commission published a report concluding that the law of England and Wales can facilitate and support smart legal contracts without the need for reform. This article provides businesses, using or deploying smart legal contracts, a couple of significant caveats to consider.
This article discusses how to handle workplace safety investigations by the US Occupational Safety and Health Administration (OSHA).
This InfoPAK (now known as ACC Guides) provides a practical guide to joint ventures, including practice notes and standard documents for cross-border deals with detailed drafting notes highlighting the main legal, commercial and negotiating issues in Australia.
By learning how to properly utilize jury consultants, in-house counsel can build upon their litigation expertise and highlight areas of the process that may be misunderstood.
While appearances may suggest that enterprise risk management (ERM) and governance risk and compliance (GRC) aim to solve for the same problems, they are arguably separate processes with different approaches and objectives. This session will review the differences between ERM and GRC approaches and assessments, and reveal how to identify which may be best suited to align with your company’s compliance program.
Learn about top developments and predictions in the TMT sector (Technology, Media, and Telecom) in China.
In-house counsel often find themselves in the unexpected role of compliance officer. Fulfilling the responsibilities associated with both roles can be challenging but also rewarding, and each demands a unique skill set. In today’s business environment, is it realistic to expect general counsel to also effectively serve as chief compliance officers? And, is this unification in the best interest of the organization?
Today’s legal profession is generationally diverse, with members of the baby-boom, Generation X and Millennial generation all present in the workforce. Companies, law firms and their clients can benefit from the various perspectives and experiences multigenerational teams bring to legal projects. But for legal managers, getting the most from a generationally diverse workforce can sometimes be a challenge because of the different expectations each demographic group may have about work.
This article developed by Womble Bond Dickinson starts the 11-month countdown to develop business compliance strategies for three new omnibus privacy laws coming in 2023: January 1: the California Consumer Privacy Rights Act (which amends the existing CCPA) and the Virginia Consumer Data Protection Act; July1: the Colorado Privacy Act.
This article contains suggestions for setting the stage for successful collaboration.
This check card is a printable resource with practical advice on how to avoid insider trading.
This InfoPAK (now known as an ACC Guide) provides a "question & answer" guide to corporate crime, fraud and investigations in the United States. This guide gives a high level overview of matters relating to corporate fraud, bribery and corruption, insider dealing and market abuse. In addition, it summarizes money laundering and terrorist financing, financial record keeping, due diligence, corporate liability, immunity and leniency, and whistleblowing.
This InfoPAK (now known as ACC Guides) provides a high-level overview of privacy rules and principles in Australia.
This Leading Practices Profile, an update to ACC’s 2009 The Role of the General Counsel in Canada LPP, describes practices implemented by the law departments of six organizations in Canada regarding law department structure, the professional development of their in-house lawyers, the selection and management of external service providers and the use of technology. Those practices were designed and intended to enable those departments to provide higher-value legal service to their respective organizations. Four of those organizations are private enterprises; one is an international, not-for-profit corporation and one is a statutory agency of a provincial government.
Learn about maturing regulatory frameworks around digital assets in South-East Asia.
Most law departments spend more on their outside legal counsel than on their internal costs and staffing, yet most of us also recognize that law firms bill their clients or set their fees in a manner that is both unpredictable and often apposite to efficiency and client value. The ACC Value Challenge project spent the last year learning more about best practices in cost/expense management, and we've created this program to help law departments and firms get a handle on better processes that can help control expenses and drive greater client value in both firms and departments. We'll examine alternative staffing models, data mining techniques that can help you understand what matters are worth, metrics that measure performance relative to cost, and much more.
This article describes the problems that the European Commission's approach to the attorney-client privilege creates and what counsel should do to ameliorate those problems.
Meet our 2013 ACC Value Champions, a group whose exemplary leadership in implementing value initiatives to achieve outstanding results against three key metrics – reduced legal spending, improved budget predictability, and better legal outcomes – resulted in their being named 2013 ACC Value Champions.
An overview of the Discounted Cash Flow Model of asset valuation. The model relates the value of an asset to the present value of expected future cash flows on that asset, discounted back at a rate that reflect the riskiness of these cash flows.
Eighth edition of the Getting the Deal Through Anti-Corruption Regulation Guide, a volume that provides international analysis for corporate counsel, cross-border legal practitioners and business people.
Until recently, document retention policies and advice by in-house counsel on their application were hardly front-page news. The unfolding events in the Enron/Andersen story illustrate how document retention policies and advice by in-house counsel concerning their application can become the subject of intense scrutiny if the destruction of documents and advice on the destruction occur when government investigations and litigation are either threatened or pending.
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