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Collision of Classes and the Training Challenge
The legal profession and landscape has changed dramatically over the last year and a half. The seemingly everyday occurrences of legal job losses, firm closings, deferred start dates, elimination of summer programs and competition for client work has left the profession unsure of its future.
When I talk to my colleagues, one question that is on our minds is how firms will deal with the different class and experience levels, that may be joining law firms at the same time. In this new legal world, designating classes for advancement by law school graduation year may no longer be feasible. Firms may have first-, second- and third-years (normally designated by their graduation years) start at the same time. This influx will be a challenge to professional development departments and firms to assess experience levels, provide appropriate training for those experience levels and most importantly manage expectations, deliver feedback and determine career paths for associates. However, in spite of these challenges this may be the time for change, innovation and collaboration.
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.