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When lawyers discuss the role of information technology in their practice, a phrase often heard is “it's a necessary evil.” Regardless of firm size or practice area, complaints regarding information technology (IT) are unfortunately all too common: large investments … disappointing results.
The underlying details vary and may involve equipment upgrades, case management system, document management system, or database software. Results are often the same: wasted resources, lost productivity, frustrated attorneys and staff, cost overruns, and few results to show for the effort. Many firms that invested heavily 3 to 4 years ago (remember Y2K?) continue to use outdated, poor performing technology, and as they realized marginal benefits, are now hesitant to invest again, fearing similar outcomes. Consequently, many law practices are experiencing depressed attorney and staff productivity, steadily rising operational costs, and a legacy of lease payments for technology that has fallen into disuse.
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 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.
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.
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.
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.