Thomas McCarthy, partner with Akin Gump, talks about the incredible advances that have been made in the field of space exploration, what the laws and regulatory landscape around the industry look like today, and where it’s all going in the future.
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Innovation
Are Minimum Annual Billing Requirements Causing Spikes in EOY Legal Spend?
In a previous career as a practicing lawyer, I once spent 20 hours looking for a very specific precedent. After days of looking for a needle in a haystack I wasn’t sure existed, I actually found it and put it in my brief. A couple of months later, the judge kicked the case out of court and specifically stated it was because of the case I found. My boss was thrilled.
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Why In-House Legal’s Digital Transformation Starts with Your Contracts
Rick Ralston, CEO of Contract Logix, observes the digital transformation that companies have been experiencing, as well as how the lack of support from in-house legal departments on these digital transformation strategies is affecting CLOs and GCs.
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What One GC Learned About the Situation in Russia
In a piece from ACC Docket, Roel Staes, Senior VP and General Counsel of FedEx Express, does a nifty job of laying out his 8 golden rules for effective communication by telling a story about how he broke the first rule: “Do not speak unless you have something to say.” He was a newly minted senior executive — “proud to be around the big kids without adult supervision,” as he puts it — when the most senior executive at a meeting dropped a bomb in his lap.
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CLO Survey Showcases “Stunning Rise” of Legal Ops
One stat says it all. In 2015, 2 in 10 law departments had at least one legal ops professional. Cut to 2021 and that number triples to more than 6 in 10. Wow! The annual CLO survey by the Association of Corporate Counsel is always big news – but this year it’s bigger and better than ever.
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Outside Counsel Guidelines’ TLDR Challenge
In a piece from Joe Patrice, senior editor with Above the Law, outside counsel guidelines are forcing law firms to waste oodles of time on “meaningless make work.” Citing Aderant’s recently released “Law Firm Leader Survey on Outside Counsel Guidelines,” Patrice says that while the whole report is worth checking out, the outside counsel guideline issue can be summed in a short list of challenges respondents said they face in managing OCGs:
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Transactional Document Drafting Receives a Tech Upgrade
Brendan Miller, legal operations advisor for practice innovation, and Troy Zander and Jordan Carr, partners with Barnes & Thornburg, discuss the typical process of drafting transactional documents and how new software tools can provide more predictability, greater efficiency, and other benefits – for clients and lawyers alike.
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Corporate Counsel: We Want More Flexibility!
In this piece at Bloomberg Law, Paula Hogéus, leader of the EY Global Labor & Employment Law team, and Nicholas Bruch, leader of the EY Global Tax and Legal Analyst team, cites new data from a pair of EY surveys that suggest many concerns about remote work were premature.
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The Secondment Trap: A Costly Approach to Free Labor
In this piece from Ross Booher and Tim Haley of Latitude, which provides talent to law firms and legal departments for interim roles such as secondments, despite the generally favorable view of secondments, the reality often is quite different.
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An Exciting New Era for Energy
Daniel Lynch and Matthew Kapinos, partners with Akin Gump, have extensive experience in the renewable energy space, ranging from regulatory law to infrastructure. Here, they discuss what the future of this rapidly evolving industry holds.
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