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Around the Firms
London firm DLA and the partners of Piper Rudnick started off December with a vote to merge the two firms, and thus the New Year brings about the world's third-largest law firm measured by lawyers ' and fifth-largest measured by revenues. The combined firm has more than 2000 lawyers in the United States, Europe and Asia. The merger makes DLA one of a few United Kingdom firms, including Clifford Chance, to combine with a major firm in the States.
According to Piper Co-Chairman Francis Burch Jr., the firms are working together on some extensive ventures, and also notes that two Gray Cary clients that are involved in European M&A deals received assistance from DLA.
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.
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.
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.