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New Data on Billable Hour Variants and Alternatives
Does a firm's enthusiasm for hourly rate variants correlate with a similarly higher than average interest in true alternative billing? How about the reverse?
Judge for yourself from the following tables, derived from reported results of the recent National Law Journal survey of billing practices at 300 firms. Table 1 shows 10 respondent firms with the highest revenue percentages derived from engagements using hourly rate variants, together with the percentage of revenue each firm derives from true alternative rates. Table 2 does the reverse.
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New York's Latest Cybersecurity Commitment
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
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.
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When we consider how the use of AI affects legal PR and communications, we have to look at it as an industrywide global phenomenon. A recent online conference provided an overview of the latest AI trends in public relations, and specifically, the impact of AI on communications. Here are some of the key points and takeaways from several of the speakers, who provided current best practices, tips, concerns and case studies.
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.