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As law firms enter the last quarter of 2021, the very cloudy and opaque future that prevailed in January has cleared considerably. Many firms are projecting that 2021 will be an improvement over 2020's overall 6.6% average revenue growth and 13.4% PPEP growth, which in January was not the common wisdom.
Of course, 2021 is not over and any projections we now have are dependent on a strong last quarter of collections, new business and the lack of a strong economic setback triggered by a U.S. debt default or other externally motivated economic setback.
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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.
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