Law.com Subscribers SAVE 30%
Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
Coast-to-Coast Legal Practice
Amy, a fourth-year associate, practices law in the real estate group at a large Chicago law firm that advertises itself to clients as being able to provide coast-to-coast legal services and expertise in a variety of real property matters. In a typical day, Amy may negotiate a lease on behalf of a local tenant regarding property located in California, offer advice to a corporate landlord organized under the laws of Delaware regarding Delaware law, draft a ground lease for a national retailer that leases properties in several states and prepare an easement that will be recorded in the land records in Maricopa County, AZ.
If your daily practice mirrors that of Amy's, you can probably classify your legal practice as multi-jurisdictional. In today's technology-driven culture, law firms are able to compete for the representation of clients located throughout the country and, as a result, many of us have provided legal services to clients located in a state other than the one(s) in which we are licensed. While we all studied legal ethics in law school, the constant pressure to meet client demands often makes it difficult to find time to stay current with the changes to our code of ethics. With the expansion of multi-jurisdictional practice, transactional lawyers would be well-advised to re-examine their ethical obligations and evaluate whether skirting a state's admission requirements and providing legal advice regarding property or laws of a state in which they are not licensed creates any ethical pitfalls.
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.
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.
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.