Why a Mutuality of Services Mindset in Legal Makes for a Better Post-COVID Culture
October 01, 2020
In the legal industry, transitioning to a culture of care poses more of a challenge to law firms than other businesses. In fact, today's business climate has long been calling for reform to the law firm business model of the billable hour and a reassessment of the economic principles of legal partnerships, which actively encourage self-interest and the maximization of personal financial returns. What is needed now is for attorneys to seize the chance to reshape their profession and strengthen their position as leaders of our society.
Summer 2020 Data Privacy Updates
September 01, 2020
America and the EU Continue Altering Data Privacy Frameworks for Businesses
A close look at a couple of privacy-related issuances from California, along with the European Court of Justice ruling invalidating the EU-U.S. privacy shield.
Legal Tech: Six Years of Tracking E-Discovery Trends and Providers
August 01, 2020
For the past six years, the E-Discovery Unfiltered report to identify pricing patterns and preferences in electronic discovery, highlight projected investments in the sector, gauge the impact of the cloud, track shifting preferences in outsourcing and remote review, understand vendor selection criteria, and focus on the need for international ediscovery, among other trends.
Preparing for the LIBOR Phase Out: Contract Remediation Starts with Contract Intelligence
August 01, 2020
The London Interbank Offered Rate has long been the global basis for agreements that include a variable interest rate component. However, LIBOR would be replaced by other benchmarks by the end of 2021. Key to assessing risk of exposure, quantifying the financial impact, developing remediation plans and communicating material information to stakeholders will be the identification, analysis and remediation of LIBOR-based contracts.
The ABCs of Assignments for the Benefit of Creditors (ABCs)
July 31, 2020
General assignments for the benefit of creditors (ABCs) have been and continue to be a popular business liquidation device for the orderly wind down of corporations, limited liability companies, and even nonprofit corporations and general partnerships. Just as in bankruptcy, an ABC can also be used to facilitate a going-concern sale of the debtor's assets to a third-party. Includes an interactive state-by-state map.
Preparing for the LIBOR Phase Out: Contract Remediation Starts with Contract Intelligence
July 01, 2020
The London Interbank Offered Rate has long been the global basis for agreements that include a variable interest rate component. However, LIBOR would be replaced by other benchmarks by the end of 2021. Key to assessing risk of exposure, quantifying the financial impact, developing remediation plans and communicating material information to stakeholders will be the identification, analysis and remediation of LIBOR-based contracts.
