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Addressing Generational 'Tech Gaps' for More Efficient, Effective Legal Practice
In today's challenging economy, corporate legal departments and law firms face pressure to meet their responsibilities with leaner organizations and fewer staff. For example, a recent study conducted by Corporate Counsel magazine for LexisNexis found that 68% of in-house legal professionals feel pressure to reduce the law department budget, and a majority of them have already experienced actual reductions in total budgets. Law firms feel similar pressures too as corporate cutbacks ripple through the industry and impact bottom lines.
One way legal practices are trying to address these realities is through increased use of technology ' essentially harnessing software and online technology to make employees and operations more efficient while maintaining quality work. Working with IT colleagues, this has proven to be a successful strategy for many lawyers. However, it turns out there are some rather sharp differences in how technology is perceived and used by legal professionals among different generations. These differences, or “generational gaps,” can lead to issues in the workplace between colleagues, as well as less efficient use of time and resources by law firm or company employees. Naturally, each of these concerns is amplified given difficult economic circumstances.
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.