Effective support of a company’s sales function requires striking the right balance between making it easy and efficient for the company and its customers to contract with each other, while appropriately protecting the company against key risks. Legal departments are required to do more with less, so the approach taken to supporting the sales function must be efficient. The panelists will discuss strategies for achieving these goals, including identification of different customer types and approaches for each type, clear identification of key risks and tolerances, contract simplification and the use of plain English, sales force training and self-help tools, and processes to streamline the collection of information, drafting, negotiation, authorization and tracking of contracts.
This sample checklist walks in-house counsel through the Intellectual Property (IP) due diligence process, in preparation for negotiating the asset purchase agreement.
To do our jobs as in-house counsel well, ACC Chair Simon Fish stresses that we must keep up with trends within the global business community, especially those tied to evolving legislation and technology.
This article discusses global labor practices, which are under increasing scrutiny as pressures grow on businesses to address human rights in their operations and supply chains. This article breaks down practical application for businesses and highlights nations that have already implemented due diligence laws.
The ACC Guide addresses a variety of methods for increasing value by improving relationships with outside counsel.
In today’s competitive global economy, in-house counsel are under constant pressure to deliver increased value to the client. This InfoPAK addresses a variety of methods for increasing value by improving relationships with outside counsel. It begins by outlining the steps that in-house counsel should take before retaining outside counsel, including setting goals and defining value, creating a strategic plan, and structuring operations to achieve success. The InfoPAK then examines the steps to take after a matter requiring outside counsel arises, including determining the scope of work required, choosing the right firm and fee-structure to maximize value to the client, managing the matter as it progresses, and evaluating performance once the matter is resolved.
China does not yet have a comprehensive law or regulation for personal information protection. In 2008, the Chinese Academy of Social Sciences submitted a draft Personal Information Protection Law to the State Council for consideration, but no further action on it has been reported. Learn more about the implications of this as China continues to take a piecemeal approach to personal data protection.
Successful boards are the result of aligned expectations, laser-like focus and the right committee architecture and operation. The work of board committees should not be underestimated in this equation. Impactful boards do not happen without them. The work that the board committees conduct between meetings serves as a springboard for policy decision-making. Learn about the 10 actions an organization can take to build and operate effective committees.
Kate Duchene, CLO and executive vice president, human resources of Resources Global Professionals, discusses fostering a team-oriented environment and promoting ethical behavior, while coping with current regulations.
Getting the Deal Through is delighted to<br />publish the ninth edition of Arbitration, a<br />volume in our series of annual reports,<br />which provide international analysis in<br />key areas of law and policy for corporate<br />counsel, cross-border legal practitioners and<br />business people.
Whether the expense of an environmental consultant is a defense cost which, like other defense expenses, is recoverable as incurred, or an indemnity cost, recoverable only at the end of coverage litigation, is one of the most significant issues in environmental insurance coverage litigation today. By carefully planning, tracking, and describing such expenditures, policyholders can help maximize the chance that they will be recoverable as defense costs and thus get the most from insurance coverage.
This "How To" resource can help guide a legal department moving from predominantly hourly billing to alternative billing scenarios - with goals, planning, types, and key considerations.
Coaching has made a powerful impact on this lawyer’s career development—and it could do the same for you.
This InfoPAK (now known as ACC Guides) provides a high level overview of matters relating to practical issues concerning oil and gas and power including, the domestic oil and gas and electricity sectors, rights to oil and gas, electricity generation and renewable energy, oil and gas health and safety and the environment, and electricity transmission, distribution and supply in the United States.
You're prepared. You've updated your code of conduct, conducted anti-bribery training in multiple languages, and sent messages from your CEO encouraging a culture of integrity and transparency. But the enforcement authorities call anyway. How you handle a bribery investigation can be critical not only to the outcome of the matter, but also to your company's long-term financial health and reputation. This panel will provide guidance for conducting the internal investigation in a multinational setting, working with government agencies around the world, assisting senior staff and board members, and handling public messaging and disclosures. The view is one from the trenches, conducted by in-house attorneys who have managed such matters (and lived to tell about it), and government counsel who have led the charge.
Reactive law departments respond ad hoc to requests and handle emergencies as they crop up. Proactive departments have processes, tools and cultural behaviors in place to deal with incoming requests efficiently, and thus are better able to strategically manage risk. Learn more about what how legal departments can stop constantly putting out fires and become proactive business partners.
Last year, a Dallas federal jury cleared US billionaire entrepreneur Mark Cuban of allegations of insider trading. His trial lawyer and long-time counsel explain what made the case resonate with the jury. Among other things, jury research and selection play a critical role in any high-stakes trial.
Many executives rank data growth as one of their top business challenges. Organizations are now facing the reality that their existing systems for managing information are no longer working. A different approach to information management is necessary considering that our information-driven world is one of heightened compliance requirements coupled with reduced control over information. This article suggests that by adopting an evolved standard of reasonableness, this challenge can be met.
Most companies create and store audio data. In the event of an investigation, audio evidence can be extremely compelling and can make or break a case. Organizations should recognize the risks and requirements associated with audio data. Because audio files pose unique discovery challenges, read this article to learn the best practices for handling audio evidence.
A company that does not own its innovations cannot get paid the premium it deserves for the value it brings to its customers. Implementing a culture of getting paid for innovations needs to happen at all levels, and management should support this culture from the top down. Also, legal counsel must be well versed in IP ownership issues and risks, and be creative in resolving difficult issues as they arise. This article discusses how a company can support and grow its intellectual property.
It’s a case for which no company stakeholder ever wants to go to trial: the corporate veil has been pierced, and your executive might be found personally guilty for the wrongdoing of the company. This article explores what corporations can do to protect themselves from this oft-seen type of litigation.
ABA letter to state bar leaders regarding attorney-client privilege and work product policies promoted in the "Holder Memo" and "Thompson Memo".
A sample policy for directing employees, customers and partners in proper trademark usage.
This article discusses how recent court decisions have empowered the consumer. For example, in Australia, a leading residential housing developer was slapped with hefty fines for deceptive conduct; real estate developers in India have also found themselves in the regulator’s sights.
As lenders struggle to work out and collect on unprecedented numbers of commercial real estate loan defaults, they’re increasingly turning to receiverships. This article provides a background on receiverships in this context, their pros and cons, and some practical advice on how they work best.
ABA letter to the US Sentencing Commission regarding waiver of attorney-client privilege.
The information contained in this Executive Summary of Key Findings and the full report provides useful data for corporate legal departments, law firms and legal industry partners, such as recruiters, knowledge management consultants and litigation support providers as they seek to adjust to environmental changes affecting corporate practice. Legal work continues to shift among law firms, legal service providers and in-house law departments.
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