On July 2, 2014, the National People’s Congress of the People’s Republic of China (PRC) released amendments to the 2009 PRC Food Safety Law (Amendment) for public comment. Before the call for comment, the Amendment was reviewed four times. No further significant amendments are expected before the revised PRC Food Safety Law comes into effect later this year or in early 2015.
The transition from outside counsel to in-house attorney might seem daunting at first. A firm lawyer has limited knowledge of each client and most likely concentrates in one area of the law. In-house counsel must understand the industry, business and culture of his employer and make himself indispensable. This article offers tips on how a newly minted in-house attorney can succeed.
Whether you believe that the legal profession has changed little or drastically, one thing that has evolved over the years is the role of general counsel. The GC role that once consisted of oversight and management of the legal function now involves everything from advising on issues of globalization to risk management. GCs and their legal departments therefore must be armed with the necessary resources to insure their organizations’ success.
With data breaches and security vulnerabilities on the rise, it is essential that your company develop an effective information security and data protection program. First, legal and business stakeholders must collaborate to form a comprehensive yet accessible policy. This article outlines a three-step process and 10 lessons learned that can help with facilitated policy development.
This QuickCounsel will cover who will be included in the Order's definition of "critical infrastructure" from the private sector, what specific standards will be adopted to enhance cybersecurity, and what incentives will be created to encourage private sector adoption of the selected standards.
Compliance and ethics offices have become more popular, but does your client need one? This column offers thoughts to consider before making such an investment.
Depending on the industry, your board members could be in breach of their duties if they don’t consider the company’s impact on climate change. The climate is changing - more precipitously and with more severe consequences than many anticipated and it will impact companies and board members in a number of different ways. This ACC Docket article outlines actions that board members can take in order to clearly communicate with their shareholders, provide support for their customers and invest in their employees in order to control the environmental impact of climate change on their company.
When it comes to mediation, no one is asking you to be friends with opposing counsel. Instead, approach it with a sense of civility and look at the case as objectively as possible. Even if you’re not interested in a settlement, the tips presented in this article will allow you to move past litigation and focus on more productive business.
It pays to be in shape - just ask an administrator in charge of health care benefits. As costs continue to rise for insurance coverage, companies are implementing 'wellness programs' to improve the quality of life for their staff and reduce business expenses in the long run. How can you help to ensure that employees don't make themselves - and your company - physically or financially sick? This article offers up some realistic remedies.
Elizabeth Whitman discusses how her company has handled the recent turbulence in the real estate market and what to expect with the introduction of new legislation.
This Leading Practices Profile, a supplement to ACC’s 2006 Leading Practices Profile, Contract Management for Small Law Departments, features the law department leading contract management practices of seven entities who provided background on databases and repository systems, and contract review, approval and archiving policies.
As part of the UAE’s 50th anniversary celebrations, the government revealed the largest legal reforms in the country’s history, most of which went into effect January 2, 2022. This briefing is an overview of three key areas for directors of UAE companies to be aware of across the legislative suite.
This is a sample employee handbook for an LLC company.
Learn about the French employment law issues regarding the employment status of workers who perform services using digital platforms.
Addresses the dangerous power that Kasky threatens to unleash on the business community and suggests how you, as in-house counsel, can stem the tide of this unwarranted expansion and help protect your company from having to defend against a meritless but costly lawsuit.
This global initial public offering guide will help you navigate the US portion of a global IPO – in other words, an IPO in which you sell locally listed ordinary shares to investors outside the United States.
This resource from Latham & Watkins will help you navigate the US portion of a global IPO.
On average around the world, starting a business takes 7 procedures, 25 days and costs 32% of income per capita in fees. To operate and expand, the firm will need financing—from shareholders or from creditors. Raising money in the capital market is easier and less costly where minority shareholders feel protected from self-interested transactions by large shareholders. Good corporate governance rules can provide this kind of protection. But among the 189 economies covered by this article, 46 still have only very limited requirements for disclosing majority shareholders’ conflicts of interest—or none at all. In recent years, there has been remarkable progress in removing some of the biggest bureaucratic obstacles to private sector activity. Yet small and medium-size enterprises still are subject to burdensome regulations and vague rules that are unevenly applied and that impose inefficiencies on the enterprise sector. Learn more about the specific regulatory obstacles small and medium-size enterprises must navigate.
This article looks at an approach to setting up a formal interviewing plan for a forensic engagement.
Promoting volunteerism can benefit your department and your company. Learn how to create, maintain and publicize your company's volunteer programs.
This Leading Practices Profile, which updates 2010’s Leading Practices in Privacy and Data Protection: What Companies Are Doing, examines the data security and privacy practices of six companies with operations spanning the globe.
This ACC Guide sponsored by Kilpatrick Townsend & Stockton LLP provides an overview of five specific aspects of brand protection and enhancement in the United States.
As much as we need to impart the value of hard work and lead by example, that example should also include the importance of prioritizing what and who we value. We must show, not just tell, those who matter to us that they do matter to us.
Tablets and smartphones are enabling us to leave our laptops – increasingly our primary PC – in the office. The large number of apps available and the similarities between iOS and Android devices mean that you can really choose the device and individual apps that best suit how you practice. As corporate counsel, you may need to thread a needle more carefully using personal technology on the corporate network or making corporate technology truly functional. Once you have fortified your device with encryption and secured it, you can become truly productive.
This Quick Overview focuses on special rules for foreign buyers, key hurdles, and recent regulatory changes impacting Mergers & Acquisitions (M&As) in India that in-house counsel should know about if they plan M&As in India. In addition, it will outline key laws governing M&As in India.
Any company or individual is subject to the Foreign Corrupt Practices Act ("FCPA") if it directly or indirectly causes an act or effect in the U.S. in the furtherance of a corrupt payment to a public official. In particular, U.S. parent companies of Mexican subsidiaries can be held liable under the FCPA, if they are found to have directed or been involved in the corrupt activities of their Mexican subsidiaries. This QuickCounsel covers how the FCPA affects how business is conducted in Mexico.
Learn ten tips to negotiate large corporate contracts more effectively. In this short article, Lydia Montalbano, Group Legal Counsel, CRH Nederland B.V., discusses key strategies for effective negotiations, including in international situations where the negotiating parties are from different countries.
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