Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
The relationship between in-house corporate counsel and outside law firm counsel is undergoing significant changes in today's environment. When companies were faced with lawsuits and investigations in the past, they relied on law firms to manage many aspects of their cases. In-house counsel had their own jobs to do and law firm attorneys possessed the knowledge and expertise to focus on discovery, trial preparation and litigation. In-house counsel worked closely with their law firm counterparts throughout the matter, but for the most part corporate attorneys allowed outside counsel to take the lead on the management of individual matters and paid the bills that were submitted. While legal departments may have grumbled over fees, they often accepted the billable hours and trusted the processes of outside counsel.
This "norm" is changing, even as in-house counsel still regularly seek assistance from law firm counsel. Today's in-house counsel are looking at billable hours more carefully and taking more control of their own data. At the same time, they are seeking more collaborative relationships with their law firm attorneys. The new focus on collaboration is based on several factors, including increased pressure on in-house legal departments to manage costs and higher performance expectations. According to the 2021 Association of Corporate Counsel Chief Legal Officers Survey, delivering value and maximizing profits were the top two priorities of CLOs for the next five years.
ENJOY UNLIMITED ACCESS TO THE SINGLE SOURCE OF OBJECTIVE LEGAL ANALYSIS, PRACTICAL INSIGHTS, AND NEWS IN ENTERTAINMENT LAW.
Already a have an account? Sign In Now Log In Now
For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473
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.
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
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.
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.