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Transactional work has always been the backbone of corporate law practice. From mergers and acquisitions to commercial contracts, lawyers are tasked with reviewing and negotiating agreements that often run hundreds of pages, laden with definitions, cross-references, and clauses with significant business implications. Clients depend on their lawyers not only to execute deals but also to anticipate risks, ensure consistency, and deliver insight that protects their interests.
But in 2025, client expectations have shifted dramatically. Corporations are under constant pressure to accelerate transactions, cut legal costs, and reduce the margin for error. They are scrutinizing invoices closely, demanding greater transparency into the value lawyers deliver, and benchmarking law firms against each other in terms of responsiveness and sophistication. As a result, late nights spent flipping through contracts, tracking edits manually, and reconciling changes line by line is just not sustainable.
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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.
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