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The financial impact of making successful hiring choices is as significant, long-term, as any other effort in law firm management. The negative results of poor choices can be a long-lasting burden or even a marketing or reputation nightmare. If only hiring people were as simple a process as evaluating a business, managing one's own practice would be much easier.
Most firms have had the misfortune of finding the 'perfect candidate' for a position, only to discover later that the individual was, literally, too good to be true. After a series of unsuccessful attempts at finding qualified new hires, we at Seigneur Gustafson LLP knew we had to find a better way to evaluate potential employees beyond just hiring them to see how they would work. Through this effort, we identified six key character elements that are critical to consider when evaluating a new hire:
However, without a human resources staff devoted exclusively to assessing every new hire candidate on these specific character traits, this would be a time-consuming and burdensome task for most firms, even though the long-term benefits would be significant.
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 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.
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.
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.
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.