Hate it or love it, employ it or avoid it, the billable hour has been the primary expensing tool used in the industry. In often variable and unpredictable litigation matters, it seems to be the only practical option to recoup charges - or is it?
Mass tort litigation defendants need to have each other’s backs — the common interest privilege allows them to communicate securely, pool resources and drive down costs, promoting fairness for the parties and in the court. This article ad- dresses the murky law of various jurisdictions, and offers key joint defense concepts that are applicable everywhere.
Read how Textron’s law department became a team by abandoning business-as-usual and implementing a Six Sigma program. After a series of Six Sigma-delivered revelations, Textron counsel redefined their priorities and saw a 20 percent raise in customer satisfaction in just one year. Explore this case study and apply your own Six Sigma program.
Accidents happen. And when they do, a waiver may determine whether or not your company is held liable. Recent court cases, however, suggest that waivers executed by parents on behalf of their children are unenforceable in certain states. Learn why and where these agreements fall short, and what you can do to further protect your company.
This article taps into the wisdom of military leaders in order to chart a course for successful litigation. In addition to conducting risk assessments and developing a strategic budget, litigation readiness involves executing a plan and leading smart people. Before you walk onto the battlefield that is the courtroom, learn how to prepare like a seasoned general.
While in-house legal departments pride themselves on not being like law firms, there are things that corporate counsel can learn from them, especially those representing the plaintiff. Find out how DuPont's legal team's defense strategies could work at your company.
What's going on in US public company mergers and acquisitions? Read all about the latest developments in contingent value rights, highlighted through recent pivotal transactions.
Those who have ascended to the top of the in-house profession are not "lucky," rather they have made their own luck through self-awareness, development plans, branding, and clear objective-setting. Set yourself up to succeed by investing in yourself and taking smart risks.
How much oversight in-house counsel should exercise in connection with document preservation and collection in ediscovery is a delicate balance of push and pull. Should you allow executives and employees to decide what is relevant and have them push the data for production? Or should your team pull the data and then review for relevancy? This article considers leading court cases in order to provide some suggestions for how you can best supervise the ediscovery process.
Bringing a drug to market requires an extraordinary investment. In-house counsel at biotech and pharmaceutical companies routinely face the challenge of developing an IP strategy that maximizes an investment’s return. This is especially difficult when the market for approval of a drug is relatively small. This article provides an overview of the regulatory frameworks for orphan drugs in the United States and other developed and emerging markets.
Some countries have either banned or are proposing to ban the use of certain ingredients and flavours on the basis that they make risky products more appealing. Learn how this could affect your company’s brand.
By understanding the 10 practical steps to take before, during, and after your next calamity, in-house counsel can be better prepared to seize the moment and overcome any scenario.
A former employee is suing your company for improper termination. As in-house counsel you meticulously plan your company’s defense,including a detailed checklist of all discovery requests. But it all turns upside down when you discover that the IT department purged crucial emails and documents from the plaintiff in keeping with the company’s document retention policy. What now?
By broadening the power of appeal granted to both parties, in-house counsel can make arbitration more appealing for those wanting to avoid the courtroom.
This is a sample End User License and Services Agreement used in connection with equipment.
These are sample terms and conditions for conventions, trade shows and assemblies.
Fracking sits at the intersection between US energy and environmental policy. It offers both transformative economic opportunities and energy security, as well as novel environmental regulatory challenges. This program will provide an overview of the key subsurface environmental and land use issues, as well as the regulatory and legislative efforts being undertaken at the state and federal levels, along with related litigation. Faculty for this program will consist of in-house experts who are responsible for fracking projects, outside counsel who have litigated fracking matters, and government attorneys who help develop and enforce regulations related to fracking.
In this article, various Hong Kong government initiatives and economic relief packages are explained. This resource was produced April 23, 2020.
This article provides an overview of legal requirements of interest to pharmaceutical, biotechnology and medical device companies.
This article focuses on the different value-based approaches and what it takes to not just make them work, but thrive. It stresses the need for a true partnership to develop between in-house and outside counsel. When a true partnership is formed, waste is eliminated for in-house counsel, while profits are maintained, and sometimes even enhanced, for outside counsel. The article delves into the need to diverge from the "I hire the lawyer, not the firm" mentality and place emphasis on the product that is the practice group instead. Finally, it touches on a few misconceptions concerning alternative fee arrangements and how to best measure the value from those arrangements.
<p/>This ACC Value Challenge resource is part 3 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 =1365193| href=/legalresources/resource.cfm?show=1365193>ACC Value Challenge: Facing Up to the Challenge - Law Firm Metrics (Part 2)</a></p>
This article presents the views and observations of leading anti-corruption practitioners in jurisdictions spanning every region of the globe.
Published by the Association of Corporate Counsel (ACC), a legal association connecting more than 40,000 in-house lawyers employed by more than 10,000 organizations across 85 countries, the ACC Law Department Management Report is a global study of corporate law departments and their operations. In an effort to re-connect the cost and value of legal services, ACC surveyed nearly 300 chief legal officers (CLOs), general counsel (GC), and legal operations professionals on specific aspects of law department budget, spend, and management practices. The report also includes insight from interviews with GC and CLOs of Global 1000 and Fortune 500 law departments.
Discusses standard 10b5-1 plan parameters, advantages and disadvantages of such plans, provides ten things you should know about 10b5-1 plans and includes a sales plan sample form.
Jack Richardson Oration. Speech delivered by Fiona McLeod SC, President, Law Council of Australia at the High Court of Australia, Canberra.
It's a thorny set of questions that, in an era of hyper-scrutiny on SEC filings, carry more weight than ever: How do you decide when a litigation matter must be disclosed on financial statements and to shareholders? And for how much?
To better understand the state of work-life balance among in-house lawyers, the Association of Corporate Counsel (ACC), the world’s largest organization dedicated to corporate counsel, reached out to more than 30,000 lawyers. This study explored the perceptions, experiences and intentions of in-house counsel by tenure, department size, industry, region, gender, caregiving status and other key metrics. Findings from this study provide insight into how organizations and leaders can benefit from the positive business outcomes of encouraging and fostering a climate of work-life balance for corporate lawyers.
ACC is pleased to encourage student scholarship by publishing this paper, authored by Sam Krause, a student in the Georgetown University Law Center course, In-House Counsel: Law and Practice, taught by former ACC CEO Fred Krebs and Russell Stevenson. Congratulations to Sam Krause on writing a very informative paper.
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