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KM Implementation At Reed Smith
Reed Smith, with more than 3,200 lawyers, paralegals, consultants and support staff spread across 22 offices throughout Europe, the United States, Asia and the Middle East, had all of the data challenges you'd expect from a firm of our size and sophistication, with the added challenge that we were aggressively expanding from both a practice focus and headcount perspective. Despite the fact that our total data creation had increased exponentially, we hadn't invested nearly enough in our information infrastructure, and simple processes such as document retrieval were taking far too long. We knew we needed to take control of our data before it took hold of us. Following is an account of the firm's recent implementation of Recommind's MindServer Search platform as the foundation for its Knowledge Management (“KM”) infrastructure.
Due to a multitude of factors, including an aggressive merger and acquisition strategy and an expanding practice focus, Reed Smith has tripled in size over the last six years. This has put enormous pressure on our KM department to not only store corporate data, but also make it searchable and usable across the entire network. Exacerbating the firm's rapid expansion, the reliance on legacy technology and manual processes started hurting productivity and efficiency, as attorneys and their teams found themselves spending increasing amounts of time searching for documents or experts within the company.
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.