Law.com Subscribers SAVE 30%
Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
The RED ZONE - Selecting Outside Counsel
May 10, 2007
RELATIONSHIPS AND RETENTION – The Red Zone strategy to build and maintain relationships with inside counsel needs to be informed by an in-depth analysis of a company's past selections – how they wre made, problems that might have occurred afterward, legal-trade press or other media coverage of the relationship or the cases and transactions involved.This research, on the one hand, will set the seller's expectations and, therefore positively affect its strategy. On the other hand, the research will reveal holes in prior or current relationships, which should suggest natural opportunities for the seller to differentiate itself. For example, providing a resource missing from other engagements will get your firm's foot firmly planted on the “closing” goal line, if only regarding a discrete project. However, remember that limited engagements are always a sound Red Zone objective. Small successes position you for big ones.
RELATIONSHIPS AND RETENTION – The Red Zone strategy to build and maintain relationships with inside counsel needs to be informed by an in-depth analysis of a company's past selections – how they wre made, problems that might have occurred afterward, legal-trade press or other media coverage of the relationship or the cases and transactions involved.This research, on the one hand, will set the seller's expectations and, therefore positively affect its strategy. On the other hand, the research will reveal holes in prior or current relationships, which should suggest natural opportunities for the seller to differentiate itself. For example, providing a resource missing from other engagements will get your firm's foot firmly planted on the “closing” goal line, if only regarding a discrete project. However, remember that limited engagements are always a sound Red Zone objective. Small successes position you for big ones.
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.
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.
How AI Has Affected PR
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.
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.