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A Call to Action
The Association of Corporate Council's (ACC) Value Challenge Law Firm Committee has joined forces with the Legal Marketing Association. The new committee, LMA-ACC Advisory Council, will continue to focus on helping the ACC align value and cost for legal services in the marketplace.
Last year, when ACC closed its rating system, the Value Index, (only a few years after it was launched), many asked, “Is ACC moving away from the Value Challenge as a focus?” We caught up with the LMA-ACC Advisory Council co-chairs, Kristin Sudholz and Felice Wagner, to answer the question. “Quite to the contrary, ACC is committed now more than ever to the Value Challenge,” according to Ms. Wagner.
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.