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Leveraging the Assets of the Law Library
All firms are interested in saving money. And while the fastest route to savings is to cut personnel, this should not be the first approach. It limits the ability of a firm to grow and avoids the focus needed to reinvent the firm. If law firms take a good look at their opportunities to save money, they might find that eliminating physical assets, renegotiating high-priced contracts, and expanding the capabilities of flexible and capable personnel might provide better returns.
As an example, firms of all sizes struggle to supervise law libraries. While libraries are operating departments run by professionals who should be self-supervising, the logical partner of the library is the IT Department. The content management of the law library and content distribution by the IT Department make them natural allies in serving the information needs of the firm. They feed the firm's unique work product and actively deliver service to their clients. With this, the firm competes for new business in 24-hour time. Librarians are the quintessential content managers and the IT Department can leverage their capabilities.
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.
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.
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.