If the weather outside mimicked the economic outlook for corporate America, it would be overcast with periods of heavy rain. With a tough financial forecast, even tougher leadership decisions have to be made, and a layoff or reduction-in-force (RIF) may be the most feasible solution to save your bottom line. While there's no easy way to execute a RIF, this article gives insightful information to help make a layoff less painstaking and more profitable to your company.
The beginning of a shift toward a more regulatory and less litigation-oriented regime of antitrust enforcement was observable by the mid-1990s, if not earlier. The transition
toward this more bureaucratic approach by antitrust enforcement agencies is the subject of our analysis.
In the midst of all of the corporate scandals that have erupted since the Enron bankruptcy filing last year and in light of the new requirements established by the Sarbanes-Oxley Act, what do in-house counsel of public companies need to do both to protect their clients (the corporation, its officers, employees, and shareholders) and themselves? Read this article to get a better grasp of the scope of the problem and use the five-point compliance plan to help plan a solution.
While this paper highlights the shortfalls of Australia’s privacy law regime in light of the IoT, lawmakers should not impulsively and unnecessarily restrict these technologies.
With the advent of global privacy frameworks, and as companies collect and use more consumer data, additional importance is placed on review and compliance. The chief privacy officer is essential to addressing these priorities.
Learn how to implement comprehensive incident management program that reinforces an organization’s commitment to ethical business practices.
For over a decade, the legal field has been gradually incorporating electronic signatures into daily business operations. In-house counsel should learn the process so that implementation can be done with confidence.
By breaking down the details, in-house counsel can sensibly learn how “self-driving” cars are designed to work, and navigate future interactions with regulators and investors throughout the process.
“It’s alive!” says Dr. Frankenstein, as his monster creation opens its eyes. We all know the tale, but have you ever considered how it might impact in-house practice? Not just wearable, but implantable, computing devices may not be fantasy for long, and legal departments would be wise to consider the privacy and data protection policy that will keep employers safe as they venture into uncertainty.
The increased connectivity of people and things is creating previously unimaginable amounts of data. In this article, in-house counsel can learn how to avoid the ethical perils and pitfalls of big data.
The legal industry is changing and technology is a big part of that change. Learn more about technology in the legal profession and how learning a little can benefit your practice a lot.
The SEC is ready to tap its Investor Protection Fund — the IRS recently awarded $104 million to an ex-banker for providing information related to an international tax case. Companies and their counsel should take heed and encourage potential whistleblowers to report alleged wrongdoing internally. This requires establishing a culture of speaking up. Learn how to institute effective reporting mechanisms.
Law department leadership in this century involves maintaining a global perspective. Leaders must comprehend the market, work environment and needs of the client, all while anticipating change. Effective leaders promote creativity and innovation within their departments by placing employees in positions that enable them to use their knowledge and build relationships. Learn more about how to become a strategic leader and meet the challenges of the 21st century.
You may have never cared about (or truly understood) commercial mortgage-backed securities. But in the steadily lengthening to-do lists of in-house counsel, you may find yourself navigating the industry at the request of your company’s leadership. What does it mean for your employer’s present and future growth? Or, what does it mean period? Find answers to your burning CMBS inquiries in this article.
Intellectual property has always been an important issue; however, recent court cases may affect patent rights. Here are several ways of reducing the risk.
Today's mobile workforce mandates that succession management plans be in place at all times. A laissez-faire approach yields leaders, but in an inefficient and haphazard way. Successful transitions must take into account the needs of the client, long-term departmental goals, and industry context.
As in-house counsel, your company is about to expand to regions of the world where corruption is deeply ingrained. Are you up for the challenge? To avoid waking up in a cold sweat, consider creating a robust anti-bribery/ anticorruption auditing program to detect potential violations. You’ll be happy you did.
Having a mentor at work can be crucial to your understanding of the company, general guidance, and overall performance. And choosing a mentor outside the legal department can help you gain invaluable perspective as you navigate your career.
As corporate budgets tighten, you may feel pressure to drive down hourly billing rates. However, legal services are not a commodity, and the traditional billing model doesn't necessarily reward efficiency. Smart selection of outside counsel, thoughtful budgeting and open communication allow you to tailor staffing and billing approaches.
This issue includes articles about defensive tactics, border and travel problems, navigating international tax authority and risk management in Canada.
This guide is designed to inform potential investors about the current and upcoming tourism market within Egypt.
By December 1, 2023, all companies listed on the NYSE or Nasdaq must adopt clawback policies that comply with listing standards mandated by the SEC (the SEC Clawback Rules). This requirement to adopt new compliant clawback policies applies to all US-listed companies, including listed foreign private issuers (FPIs). Latham & Watkins attorneys have prepared this FAQ to offer practical advice for listed companies implementing compliant policies.
A survey of global employers and the challenges they face, such as legal trends related to hiring and firing, harassment policies, anti-corruption compliance, and whistleblowers.
Contract Lifecycle Management (CLM) is a central repository to track and manage all contracts and related documents. This checklist will help prioritize CLM features and functionality when choosing a platform.
The task based billing buzz has substantially quieted during the several years since introduction of the standard codes based on that concept. For some, it has gone the way of Total Quality Management and other sweeping reforms. A fresh look may be warranted, however, at the use of task based billing as a powerful cost management tool.
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