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BITS & BYTES
Resultor LLC has announced the release of Resultor Direct & Confidential, which is designed to help publicly traded companies comply with the Sarbanes-Oxley Act's requirement to provide an anonymous and confidential procedure for employees to surface accounting issues for the audit committee. It is the only Sarbanes-Oxley disclosure product that also promotes a corporate culture encouraging legal and ethical practices and better business results. Resultor Direct & Confidential is a simple, Internet-based feedback system that can be used directly from a desktop or a home computer. It allows employees to actively contribute sensitive information, while helping companies evaluate the information and act on it as necessary. Employees can offer their feedback anonymously. The audit committee and the submitter can communicate anonymously and confidentially, and submitters can follow the progress of their feedback anonymously, from start to resolution. The product not only meets the new legal requirements under the Sarbanes-Oxley Act, but it ensures problems are corrected quickly and business is conducted in accordance with the highest standards. For more information please visit www.resultor.com.
Fios, Inc., a provider of electronic discovery services, and Engenium, Corp., a concept-based search technology company, have announced a licensing partnership. The agreement will bring Engenium's advanced search technology, Semetric, to Fios' Web-based electronic discovery tool, Prevail. The combined solution will make Fios the first and only full-service electronic discovery provider to offer advanced, concept-based searching capabilities. The concept-based search technology being added to Prevail will enable users to organize unstructured information by mapping relationships between each word and every other word in large sets of documents. This association of words based on the context in which they are used creates a form of numeric 'meaning' and 'understanding,' enabling legal teams to quickly identify relevant documents and related concepts within vast amounts of data even when those documents do not share any words with a query. For more information please visit www.fiosinc.com or www.engenium.com.
Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
Risks of “Baseball Arbitration” in Resolving Real Estate Disputes
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.
Disconnect Between In-House and Outside Counsel
'Disconnect Between In-House and Outside Counsel is a continuation of the discussion of client expectations and the disconnect that often occurs. And although the outside attorneys should be pursuing how inside-counsel actually think, inside counsel should make an effort to impart this information without waiting to be asked.
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.