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Taking on the Costs of Legal Research
For more than a decade now, technology managers in law firms have had a pivotal role in all aspects of law firm operations. They are involved in accounting and complex litigation support, desktop management, online information delivery, case filing and database development. In each arena, managed resources are unique. Resources are either created and owned by the firm or purchased or leased through a vendor. Whether it is software or hardware, access to research or purchase of content, most avenues of acquisition include contract management. And so it is left to the skillful devices of IT leadership to understand the resources and their advantages as well as the convoluted terms of many contracts. How can technology managers learn the ropes without the time and missteps that experience alone might teach?
There has been a strong move among law firms in the last 10 years to use consultants to negotiate the cost of online legal research contracts. As a pioneer in this field, I have watched the number of negotiators grow since the recession. The vendors have tried to fight back. For most consultants, the emphasis has been on the total cost of the contracts. But each firm and each contract is unique. The best approach to saving money is to become familiar with the details and then establish new goals.
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.
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.
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.