“Overbill me once, shame on you. Overbill me twice, shame on me. Overbill me now – when I have a lot more work and a lot less budget – and it’s time for change,” writes David McVeigh, CEO of Axiom.Continue Reading GCs Should Flex Muscles with Flexible Talent
Parvin Moyne and Claudius Modesti, partners with Akin Gump Strauss Hauer & Feld, share their thoughts on the white collar space under new administration, recent increased activity in cases, and the industries they believe will be the subject of regulatory focus.
Continue Reading New Administration, New Trends for the White Collar Space
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.
Continue Reading Why In-House Legal’s Digital Transformation Starts with Your Contracts
Ken Crutchfield, vice president and general manager of Wolters Kluwer Legal & Regulatory U.S., talks about the shifting role of the legal department, the importance of tailoring your conversations to your audience, and how general counsel can use metrics and key performance indicators to help a company meet its business goals.
Continue Reading Redefining In-House Counsel As a Driver of Value
Thomson Reuters, drawing from its recently released 2021 State of Corporate Law Departments Report, says forward-thinking in-house leaders are poised to accelerate value optimization by continuing to invest in the “technology, processes and smart resourcing” the pandemic’s disruption forced upon them. “Through unprecedented disruption, crisis management and immediate shifts to new ways of working, critical gaps and shortcomings within departments were revealed and many corrected through the implementation of new processes and technologies,” says Lisa Hart Shepherd, VP of Research & Advisory Services for Thomson Reuters. “Law department leaders who quickly realized traditional methods of work could evolve and still meet department goals were able to pivot faster and more successfully during this year of unexpected challenges.” Download the complete free report here.
Continue Reading Pandemic’s Silver Lining for Law Departments
As the demographics of law continue to skew younger, it’s important to implement efficient techsolutions that reflect the world millennials grew up in.
Continue Reading Building a Technology Road Map That Supports the Lawyers of the Future
Bethany Lukitsch of McGuireWoods runs down what the new regulations mean for companies based in California and beyond.
CCBJ: The California Consumer Privacy Act (CCPA) takes effect January 1, placing new data protection and user requirements on businesses that collect or sell consumers’ personal information. What do the new regulations mean for companies doing business in California?
Bethany Gayle Lukitsch: It’s important to keep in mind that this statute doesn’t just affect companies that are physically present in California but a much broader, more universal group of companies. In fact, any company that touches or does business with a California consumer is likely going to be covered by the act. The act has broad definitions and will have significant impact on the way companies in the United States and even foreign companies do business with California residents. If companies haven’t started to pay attention to the CCPA and what it means for their business, they need to immediately turn their attention and do so.
Remarks as recent as late September from the California attorney general’s office suggest they are ramping up their enforcement team. While they are not able bring enforcement actions until summer of next year, they have said
Even after a small acquisition, IP diligence should never be overlooked.
Continue Reading Diligence Under Duress: IP Review Even When Time Is Short or the Budget Is Tight
Many law departments, under pressure to control expenses, are wielding outside counsel guidelines as a key tool to control costs. According to Karoline Jackson and Shanna Davidson of Barnes & Thornburg, this is forcing law firms to rake positive steps of their own.
Continue Reading Outside Counsel Guidelines Drive Positive Change
When you think of enterprise legal management (ELM) systems, you probably think about the ways they can make spend and matter management more efficient. But ELM systems are quickly evolving, becoming more comprehensive all the time, and today they can help optimize contract management, NDA creation and distribution, legal holds, legal service requests and much more.
Continue Reading Transforming the Legal Department: ELM Solution Puts Information at Everyone’s Fingertips