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Yes, another article about lateral hiring. The continuing trend is invading our industry and, therefore, articles in our trade publications. Is the trend as prevalent as we read about every day? Yes, according to ALM's October 2012 report titled “Thinking Like Your Client: Strategic Planning in Law Firms.” The top three upcoming business strategies according to law firm leaders who participated in the research include: 1) Growing the firm; 2) Talent and acquisition and retention; and 3) Improving profitability.
The report also indicates that 96% of the participating law firms have prioritized “acquiring laterals” as part of growth plans in the next two years. Most, if not all, law firms a have a process, checklist and protocols to integrate laterals joining our firms. BUT, what about integrating the client?
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 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.
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.
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.
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.