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Product Review: RainMaker Software's Business Intelligence Suite
Founded in 1845, Robinson & Cole LLP is a commercial law firm with more than 200 lawyers in six offices throughout Connecticut, Massachusetts and New York. As with most firms, our time and billing system is critical to daily operations. Vast amounts of information go into the system, but extracting data in a meaningful way was always a struggle. Standard reports were inadequate and our system did not lend itself to on-the-fly customizations. To get the information that we needed in a format that we wanted, we would have to contact our time and billing vendor to create customized reports, which was both expensive and time consuming. Further, we'd often have to run reports at night, because they would slow down our entire system. We were simply unable to get the critical information that we needed in a practical and timely manner.
When we were looking to upgrade our time and billing system in 2001, we did a comprehensive review of several leading vendors. We evaluated their technologies and spoke with their current customers. After much consideration, we selected RainMaker's Financial Management system. Reputation and customer service were important to us and we had a good rapport with RainMaker. We also liked the flexibility of the software, both in its ability to integrate with our firm's other systems and in reporting. In fact, RainMaker's outstanding reporting capabilities, which are part of the company's Business Intelligence product suite, were a major factor in our decision.
The DOJ's Corporate Enforcement Policy: One Year Later
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
The DOJ's New Parameters for Evaluating Corporate Compliance Programs
The parameters set forth in the DOJ's memorandum have implications not only for the government's evaluation of compliance programs in the context of criminal charging decisions, but also for how defense counsel structure their conference-room advocacy seeking declinations or lesser sanctions in both criminal and civil investigations.
Use of Deferred Prosecution Agreements In White Collar Investigations
This article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.
Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
A Lawyer's System for Active Reading
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.