An overview of risk management from the in-house counsel perspective. Includes tips on prioritizing enterprise risk, advising the board on risk, and the role of in-house counsel in risk mitigation.
The Stark Law has promulgated complicated regulations for transactions involving payments to physicians. All facets of the healthcare industry also face on a daily basis the shadow of government prosecutors focused on violations of the federal anti-kickback statute. These laws involve both criminal prosecution and civil liability, and in-house attorneys have at times been prosecuted as individual defendants. Enforcement is expanding to cover individual physicians as prescribers of company products and providers of services to companies, such as consulting and clinical investigator services, and to physician ownership of medical device distributors. Looming over healthcare companies and individuals is the potential to be debarred from participation in Medicare, Medicaid & other federal health care programs. In addition, in-house counsel need to be aware of obscure state laws on the issues of physician self-referral prohibition and anti-kickbacks. This program will discuss the government’s new enforcement trend and mechanisms that in-house counsel can employ to reduce these risks.
This article focuses on a shift in the billable hour paradigm and how law firms and clients must look forward and focus on the outcomes that are desired, rather than looking backwards at the cost of production. The billable hour has diametrically opposed functions for both sides in the relationship: (1) unit of production and (2) basis of profitability. Not until both sides understand that you can't have the same unit serving dual purposes, will they truly understand alternative fees and value-based relationships. This article delves into what is required to establish a new model for law firm economics.
<p/>This ACC Value Challenge resource is part 2 of a 3 part series. To view the other resources in this series, please click here:</p>
<p class=><a id=CP___PAGEID=1365185| href=/legalresources/resource.cfm?show=1365185>ACC Value Challenge: Facing Up to the Challenge - The Case for Change (Part 1)</a></p><p class=><a id=CP___PAGEID =1365213| href=/legalresources/resource.cfm?show=1365213>ACC Value Challenge: Facing Up to the Challenge - The Transition (Part 3)</a></p>
This is a sample computer, email and internet usage policy.
Results can be multiplied when you put together any combination of in-sourcing, unbundling, alternative legal service providers, process improvement, value-based fees and technology.
This InfoPAK takes a unique, practitioner-focused approach to exploring the ACC Value Challenge initiative (“AVC”) of reconnecting cost and value within the context of small law departments. Using case-studies proffered by in-house counsel from various small law departments, this InfoPAK examines the ways in which these small law department practitioners have implemented the concepts and principles espoused in the AVC into every day practice. Starting with the general principles of the AVC, it then provides details on each in-house counsel’s unique experiences in implementing the value-based concepts, followed by a summary of the practices utilized and the key takeaways for readers. Finally, the InfoPAK provides additional practical guidance, including an extensive list of additional resources on the topic from both the ACC Value Challenge library, general resource collections, various topic-specific checklists, and other highly relevant articles at the end of the document.
Read Todd Silberman's insights on the balance between work and life. Do we live to work or work to live?
This article contains five tips for freshening up your legal resume right now.
This article examines industry changes resulting from an automated workforce and identifies future trends.
Despite the CLO’s best efforts, Legal is almost always viewed as a cost center within the corporation. What are the most effective ways that you as a CLO can continuously prove your value to the company, what metrics do you use to do it, and how do you get the company to see the cost savings that result from early and regular consultation with Legal?
This is a sample personnel policy concerning corporate credit card use.
Career Path Columnist Bjarne P. Tellmann discusses the various types of diversity that a company needs in order to succeed.
In his final Career Path column, Bjarne P. Tellmann shares how to embrace change — no matter how daunting.
Work-life balance is not about having equal energy for all parts of our life. Instead, it's about taking care of yourself and identifying your priorities.
"To sharpen the saw," sometimes it's important to learn, play, and rest before tackling your to-do list.
Though most businesses avoid using this particular word, Business Ethics Columnist James A. Nortz argues that it should be synonymous with "ethics."
Honest performance reviews are the only way your employees can make reasoned decisions about their future lives and careers.
Creating an outline or script before an important discussion can increase the effectiveness of the verbal communication. Here's how.
Columnist James Wong discusses the benefits to becoming an adjunct professor.
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