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Features

Voice of the Client: What In-House Counsel Need from Outside Counsel As Pandemic Landscapes Shifts Image

Voice of the Client: What In-House Counsel Need from Outside Counsel As Pandemic Landscapes Shifts

Jennifer Simpson Carr

Responses from GCs on what matters most to their companies when hiring outside counsel.

Features

Competitive Intelligence: How Do You Listen When You're Not In the Room? Image

Competitive Intelligence: How Do You Listen When You're Not In the Room?

Patricia Ellard

Although we understood how important in-person listening was before the pandemic, the background listening was something we used to take for granted. Here are five ways to practice active listening and remain engaged when we can't be in a physical environment.

Features

Building Successful Partnerships Requires Collaboration Image

Building Successful Partnerships Requires Collaboration

DeWitt A. Sullivan

Partnerships are relationships, ideally relationships built on trust and a common goal. Successful partnerships require all parties working together — working together to service a client fully, generate revenue and to build a business. This requires openness and coordination.

Features

Asserting the Common Interest Doctrine In Plan-Related Discovery Image

Asserting the Common Interest Doctrine In Plan-Related Discovery

Francis J. Lawall & Marcy J. McLaughlin Smith

The common interest doctrine can be a powerful tool when used to block discovery of relevant and sometimes critical evidence. However, a determination of when it can be invoked requires a highly fact-intensive analysis.

Features

Pandemic Drives Law Firms and Clients to Common Ground on Pricing Image

Pandemic Drives Law Firms and Clients to Common Ground on Pricing

Dan Packel

The current circumstances are giving rise to conversations about pricing, and driving both sides of the law firm-client relationship to seek common ground — both in the form of tried-and-true alternative fee arrangements and those that reflect a more innovative approach.

Features

Using Legal Tech to Help Lawyers Protect Privilege and Better Serve Their Clients Image

Using Legal Tech to Help Lawyers Protect Privilege and Better Serve Their Clients

Daniel Farris

A recent UK High Court ruling has provided lawyers everywhere with a stark reminder on the scope of privilege for electronic communications: just because an email itself is privileged does not automatically render the documents attached to that email privileged.

Features

The Effective Act of Listening Image

The Effective Act of Listening

Jennifer Papantonio

With GCs and other business leaders facing such incredible challenges, how do lawyers continue to manage clients' transactional, litigation, compliance and regulatory needs, among others, while simultaneously providing professional, and even personal, support?

Features

Media & Communications: What ALM Reporters and Editors Expect from Law Firms and PR Pros In 2021: Part I Image

Media & Communications: What ALM Reporters and Editors Expect from Law Firms and PR Pros In 2021: Part I

Gina F. Rubel

Instead of sharing my insights, experience and opinions as a 20-year vet in legal public relations, I went directly to the source – the ALM Media editorial staff. Here is what they had to say about the impact of COVID-19 on the industry as a whole and what they want and expect from law firms and PR pros in 2021.

Sales Speak: 7 Reasons Networking Is Dead — Or Should Be Image

Sales Speak: 7 Reasons Networking Is Dead — Or Should Be

Eric Dewey

Networking is not the business development panacea many would make it out to be. In fact, I think networking can do more harm than good. To make my point, here are 7 ways "connecting" is better than "networking."

Features

Digital Dive: The Digital Buyer's Journey: How to Nurture Your Potential Clients Image

Digital Dive: The Digital Buyer's Journey: How to Nurture Your Potential Clients

Spencer X. Smith

Is there an elegant and effective way to use the power of online media to nurture your potential clients? Yes, and here's a process to follow for each of the steps of that journey:

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  • Private Equity Valuation: A Significant Decision
    Insiders (and others) in the private equity business are accustomed to seeing a good deal of discussion ' academic and trade ' on the question of the appropriate methods of valuing private equity positions and securities which are otherwise illiquid. An interesting recent decision in the Southern District has been brought to our attention. The case is <i>In Re Allied Capital Corp.</i>, CCH Fed. SEC L. Rep. 92411 (US DC, S.D.N.Y., Apr. 25, 2003). Judge Lynch's decision is well written, the Judge reviewing a motion to dismiss by a business development company, Allied Capital, against a strike suit claiming that Allied's method of valuing its portfolio failed adequately to account for i) conditions at the companies themselves and ii) market conditions. The complaint appears to be, as is often the case, slap dash, content to point out that Allied revalued some of its positions, marking them down for a variety of reasons, and the stock price went down - all this, in the view of plaintiff's counsel, amounting to violations of Rule 10b-5.
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