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It's an exciting milestone when a law firm enters a new geographic market. Even more so when a firm expands from a local to regional, regional to national or national to international organization.
These moves don't often happen overnight. They're usually carefully calculated to map back to an organization's long-term strategic vision. Many firms may be re-examining their growth plans in the coming year. According to a recent survey by Wells Fargo Private Bank's Legal Specialty Group, revenues increased by 14% and demand increased by 6% in the first half of 2021 compared to the first half of 2020. As law firm management teams assess their future, it is critical that they develop external communication plans to support their growth with messages for attracting top talent and prospective clients in new markets.
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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.
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.
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.
This article explores legal developments over the past year that may impact compliance officer personal liability.