Employers monitor off-site employees for numerous reasons—not simply to ensure productivity, but to protect trade secrets, avoid data breaches, track an employee’s physical location, and generally discourage or identify misconduct. Most recently, monitoring has been used for COVID-19-related contact tracing purposes. However, privacy-related legal pitfalls abound.
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.
Provides an overview of the legal and regulatory regimes in Russia and Former Soviet states related to joint ventures.
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.
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.
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.
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.
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.
In-house counsel risk losing attorney-client privilege because of technicalities existing in state registration rules. Gucci America, Inc. v. Guess?, Inc. illustrates this scenario — vaguely worded qualifications cost one company its counsel and one employee his career. read this article to learn how and why you might run the risk of losing your privilege.
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Representing a company outside the familiarity of the States can be a three-fold lesson in corporate etiquette, culture and law. In the Arab Middle East, these findings hold especially true. Follow this author’s firsthand experience and take away some tips on negotiating transactions abroad.
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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