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EXPLAINING THE INSIDER/OUTSIDER DISCONNECT
Our last column explored the disconnect between how in-house and outside counsel view the work of the latter. The reader will recall that in a recent survey, 62% of law firms gave themselves an “A” for overall performance during the past 3 years. Only 19% of in-house counsel scored them that high.There are a few possible explanations.1. The in-house sector radically changed its value proposition in the year or so separating the surveys.2. Radically different samples between the previous surveys may have been polled. Even if true, it is cold comfort to law firms that they can never know which of these two radiclly different “priority sectors” of their current clients or prospects represents.3. In-house counsel change their fundamental priorities as their own moods dictate or, more probably, as internal pressures and external business conditions change, I'll bet on this explanation being the best one. If I'm not right in every instance, I'll be right often enough.4. Conclusion: law firm sellers must somehow shift with their clients and prospects. It's a formidable challenge, really.
Our last column explored the disconnect between how in-house and outside counsel view the work of the latter. The reader will recall that in a recent survey, 62% of law firms gave themselves an “A” for overall performance during the past 3 years. Only 19% of in-house counsel scored them that high.There are a few possible explanations.1. The in-house sector radically changed its value proposition in the year or so separating the surveys.2. Radically different samples between the previous surveys may have been polled. Even if true, it is cold comfort to law firms that they can never know which of these two radiclly different “priority sectors” of their current clients or prospects represents.3. In-house counsel change their fundamental priorities as their own moods dictate or, more probably, as internal pressures and external business conditions change, I'll bet on this explanation being the best one. If I'm not right in every instance, I'll be right often enough.4. Conclusion: law firm sellers must somehow shift with their clients and prospects. It's a formidable challenge, really.
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.