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Microsoft Word 2007 'Track Changes' and 'Compare'
With respect to document comparison, Microsoft Word 2007 couldn't have been released at a better time for law firms. Word 2007's Track Changes and Compare features are as good, if not better, than traditional “outside-the-application” document comparison products. Couple this with the current economic recession in which most firms are reevaluating their document comparison technology investments ' and for good reason. Investing in outside the application document comparison products is expensive. “A PC that cost $1,500 when a firm did its last hardware refresh might cost $800 now, yet it still takes between $3,500 and $5,000 per year to support that computer,” according to market research firm Gartner, Inc.
Today's license and support costs for outside-the-application document comparison products, plus the additional costs for clean-up tools that work with them, are about 2%-4% percent of the yearly support cost for a PC. A significant number of firms are now, for the first time, asking themselves: “Why should we invest in outside technology for features already built into Microsoft Word 2007?” The question they should really be asking: “Is Microsoft Word 2007 ready to go it alone?”
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.