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.
I have always had a strong interest in business and financial topics, so in 2001 I decided to enroll in an MBA program while I completed a three-year commitment to the US Navy. For two long years I balanced a full load of legal cases as a JAG Trial Counsel while attending endless hours of classes at night learning about finance, accounting, and economics. Many days I wondered if it was all really worth it. I went to law school because I was always better with words than numbers. What was I doing now reading management books and studying complex financial problems?
Current legislation creates several cost obstacles for parties seeking to purchase residential property together. One group of buyers that may be very much affected are married couples and families seeking to jointly purchase property. The reality is that for as long as such rules are in place, the practical approach by couples and families may prevail, in that, they may try to see how they can navigate the rules and hold their real estate with whatever tax savings; and to be less sentimental about what a matrimonial home and family home represents.
Progression in technology has meant that, over the last decade, contracts have become longer, more complex and sometimes harder to negotiate as businesses have been keen to have the most protective contracts possible. Over time, businesses often build up multiple contract templates to ensure that every contracting eventuality is covered. But what if there could be a different approach?
This article discusses different aspects of Legal Process Outsourcing (LPO) provider selection, including location, casting your net broadly enough, making your selection based on robust criteria, and taking into account possible obstacles to success that have more to do with your own organization than the potential provider.
In this multi-country guide, learn about the rules regarding popular investment vehicles in a wide range of jurisdictions (including many European countries).
Michael McCoy works for the global technology distributor Avnet, Inc. He currently serves as vice president and corporate secretary, providing oversight for corporate governance, financing, securities regulation, subsidiary maintenance, employee benefit plans, insider trading policies and stock repurchases. Read this article to learn why McCoy was honored with a “Rising Star of Corporate Governance” award from the Ira M. Millstein Center for Global Markets and Corporate Ownership at Columbia Law School.
This is a sample escrow agreement between a Beneficiary and by an additional party enrolling as a "Depositor" upon execution of the Enrollment Form.
Find an in-depth summary of doing business in Argentina in this article. In-house counsel will learn about investment vehicles, tax considerations, protections of intellectual property and more.
The 2016 Top 30-Somethings represent the best characteristics of ACC members. They all are trailblazers in their own ways -- lending helping hands to the business, others in the in-house community, and to their individual communities as a whole.
This guide provides corporate counsel and international practitioners with comprehensive jurisdiction-by-jurisdiction guidance to trade mark laws and regulations around the world.
This guide provides non-Canadians with an introduction to the laws and regulations that affect the conduct of business in the province of Quebec. Because of Canada’s federal structure, the authority to make laws and regulations is divided between the federal and provincial governments by the Canadian Constitution, although in some areas of divided authority both federal and provincial laws may apply.
This is a sample engagement policy from the perspective of the board of directors.
This Charity Law Bulletin reviews the exemption under CASL for registered charities in the recently published final regulations, together with a summary of information contained in earlier Charity Law Bulletins, as well as a brief review of practical steps charities and non-profit organizations can take to prepare for CASL.
Learn about the UK government's plans to formulate and improve right and opportunities for ethnic minorities in the United Kingdom.
In February 2022, the European Commission adopted a proposal allowing the European Union (EU) to indirectly regulate the affairs of non-EU companies that do business in the EU up to specified thresholds. This resource is an overview of why South African companies that export into the EU should take urgent note of the developments.
Building on the skills you learned in Financial Decision Making for Lawyers – Part I, this session will further advance your ability to practically apply financial decision making practices to your everyday work. Participants will utilize the analytical tools that indicate whether a new project will create value, such as: Net Present Value (NPV), Internal Rate of Return (IRR), Payback Period, and Economic Value Added (EVA).
Your company can use assets and preserve capital by leasing commercial equipment. Learn to identify an agreement that will deliver tangible benefits — secure warranties on the equipment, protect capital and credit lines, and give your client tax advantages, among others.
Learn how other in-house counsel and their legal department support corporate governance and compliance and ethics programs. In-house counsel from seven companies share governance practices and examine the alignment of ethics and compliance with the culture and strategic plan of the organization. At the end of the guide, find practical tools and samples, such as a company compliance newsletter, a compliance checklist, a compliance program assessment table and a management attestation questionnaire for legislative compliance.
A run/walk/bike ride/bull-riding contest sounds like a great fundraising idea. But what should in-house counsel be thinking about when they are planning for an active event or negotiating contracts with vendors? Learn from the voices of experience.
Explores how a legal department achieved many of the benefits of a matter management system simply by making more effective use of the technological tools already available.
This Risk Alert provides summary observations from OCIE’s examinations of registered broker-dealers and investment advisers, conducted under the Cybersecurity Examination Initiative, announced April 15, 2014.
Virtual currency is growing in use and recognition. Major entities, such as Microsoft, are beginning to recognize and accept Bitcoin payments, but most in-house counsel have little familiarity with virtual currency. Learn what it is, how it functions, how it may impact your clients and what domestic and international regulatory and enforcement regimes and issues – including enforcement actions and criminal prosecutions – have arisen from the evolving world of virtual currency. We will explain and explore the answers to these questions and demonstrate a Bitcoin transaction.
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