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As businesses across the U.S. begin the gradual process of reopening in the wake of COVID-19, we're starting to get a clearer picture of the pandemic's long-term effects on our economy. A lasting economic impact seems increasingly likely and will affect how businesses allocate their resources over the coming months and years.
At law firms and in corporations, attorneys will need to sustain the high quality of work they do in normal times, albeit with reduced budgets. The good news is that with ediscovery — an essential but expensive part of the litigation process — advances in technology since America's last recession have made it possible to save money and time by adopting a more modernized and comprehensive approach. By incorporating these practices now, law firms can prepare themselves for the next economic downturn and for the good times as well.
For any business, a common-sense way to lower costs is to centralize any aspects of your operations that you can — as long as doing so doesn't decrease the quality of the service you provide. Law firms or in-house counsel who contract with multiple ediscovery providers to handle different aspects of the process have an opportunity to save money by using a single provider who handles the process from beginning to end.
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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.
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.
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.
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.