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 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.
Recently, US Justice Sonia Sotomayor, on behalf of a unanimous Supreme Court, held that funds contained within inherited IRAs are not “retirement funds” — a ruling, known as the Clark decision, that notably alters the landscape of inherited IRAs under the Bankruptcy Code. What will the world of bankruptcy, inherited IRAs and estate planning look like post-Clark?
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.
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.
Understand the global legal and regulatory landscape of data privacy, specifically how it relates to the transfer of data across borders; discuss the role of the in-house attorney as a privacy professional; learn the valuable role the information security officer plays in developing and maintaining data privacy, and the importance of creating a cooperative relationship; understand which components of the data protection umbrella are the domain of the info security team (tech) and which are the domain of the data privacy team (legal); and Learn to assess the risks of your current data privacy protocols.
As more and more companies expand their multinational presence, issues concerning how to effectively manage the workforce also expand. This article offers step-by-step instructions on how to proactively address this problem, as well as how multi-jurisdictional employers should audit employment practices, and who should be doing the auditing.
A study of Legal Entity Management structures, governance best practices, and challenges based on survey responses from 467 organizations covering 20 industries and all global regions.
The program will begin with an overview of the ethical obligations with which a lawyer who decides to outsource legal services to a Legal Process Management (LPM) provider must comply. The panel will address common elements of relevant opinions from state and local bar associations, the American Bar Association and the Ohio Supreme Court, and describe how the outsourcing provider can help facilitate the lawyer’s compliance with these elements. In the second phase of the workshop, two attorneys from Fortune 50 law departments, one who focuses on corporate work and one who is responsible for litigation, will describe: (1) their reasons for exploring LPM; (2) the due diligence they performed when selecting a provider; (3) their initial expectations for the relationship; and (4) how the relationship with their selected provider created additional value for their department and company.
The government is in your lobby requesting privileged documents. Know your options and how to prepare for a situation like this in an era of increasing regulatory and prosecutorial scrutiny.
This multi-jurisdictional resource addresses several real estate topics including fee simple ownership; the most common forms of investment vehicles available; and what state or local transfer, stamp, or similar taxes are levied on sellers or buyers.
Letter from ACC to Supreme Court of Iowa concerning Iowa's proposed changes to Iowa's rule for registration of in-house counsel.
GCs from large and small companies share their views and experiences on compliance matters.
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