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It's no secret that legal departments are under ever-increasing pressure to run like the businesses they serve. Spend discipline, operational reporting and metrics and generally doing more with less are now well-established norms in legal practice, and even terms like return on investment, once reserved for the business world, are now frequent topics of conversation among legal practitioners feeling the heat to modernize their departments.
Thankfully, in addition to developing a better understanding of how to unbundle business processes from the practice of law over the last several years, legal stakeholders are now being treated to technology solutions that are light-years ahead of what the market was offering relatively recently. But there is a catch: Failed software implementations are common, and driving the adoption of new technology is notoriously difficult. Where can a legal function leader get help when new headcount is hard to come by and digital transformation is no longer an option, but a mandate?
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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?
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.
With trillions of dollars to keep watch over, the last thing we need is the distraction of costly litigation brought on by patent assertion entities (PAEs or "patent trolls"), companies that don't make any products but instead seek royalties by asserting their patents against those who do make products.