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  • Until recently, corporate legal departments often had more leeway in complying with corporate operational and budgetary expectations than other departments. Now, however, companies are expecting legal departments to more accurately predict the quality, timing and cost for their services.

    August 01, 2016Doug Luftman
  • A recent survey by audit, tax and advisory firm KPMG LLP indicates that nearly 80% of public companies have not completed an assessment of the impacts of the new revenue recognition standard issued by the Financial Accounting Standards Board (FASB).

    August 01, 2016
  • Have you heard? Social media is mainstream ' 70% of the U.S.are using social media and more than 50% of them are over the age of 35 (that's right ' it's not just millennials). But did you know that in-house counsel are active social media participants? In fact, their usage is growing and today nearly two-thirds of general counsel (GCs) are engaging at least weekly in social media for professional reasons.

    August 01, 2016Adrian Dayton and Jeff Litvack
  • Advances in technology have given clients more information about the cost of legal services and where else that client might go looking for them, leading to increased demand for discounts and other alternative fee arrangements at a time when in-house legal departments are under rising pressure to cut costs. Here's how to use competitive intelligence.

    August 01, 2016Rod Osborne
  • On June 23, 2016, Governor Cuomo signed into law the final omnibus bill of the session, the last section of which addresses vacant and abandoned properties, establishes timelines for the sale of property post-foreclosure judgment, and updates and enhances protections for homeowners in default and foreclosure.

    August 01, 2016Kirsten Keefe
  • By now you've likely read the headlines about the recent attacks on various Asian banks, resulting in cyber losses reported in the tens of billions. And if you're really paying attention, you probably know these attacks have been linked to the Lazarus cybercrime organization, which was also identified as the likely culprit behind the attacks on Sony in 2014. In all likelihood, you read the headlines, and then you moved on to read the latest sports scores. Why? Because it doesn't relate to you. Or does it?

    August 01, 2016Mark Sangster
  • With the growth in international commerce and diversity of the United States population, general counsel are increasingly finding themselves dealing with bilingual trials. Here is what you need to know.

    August 01, 2016Javier A. Lopez and Maia Aron
  • The Third Circuit's 1999 decision in Abdullah v. American Airlines dropped a bombshell with its sweeping declaration that the Federal Aviation Act and its regulations preempt the "entire field" of air safety. Earlier this year, however, the Third Circuit sharply limited the scope of Abdullah's field preemption ruling, holding that it does not extend to state product liability claims.

    August 01, 2016Steven R. Pounian and Justin T. Green
  • Your favorite internal client has just messaged you about a new contract that needs a rush review. The counterparty is reportedly one of the hottest new "fintech" companies in Silicon Valley. You are the master of all things vendor contract-related in your shop, but perhaps this is the first fintech contract to cross your desk. This article addresses some of the special issues that might be presented by this sort of contract.

    August 01, 2016Bryan G. Handlos and Kevin F. Griffith