Study: Companies Want Smaller Firms, But Have Trouble Finding Them

Large companies increasingly want to work with smaller, more innovative law firms but have trouble finding them due to over-reliance on personal connections, according to a new survey reported by Courthouse News Service.

“Along with an increasing preference for smaller firms, the survey revealed the levels of dissatisfaction rated three times higher with bigger firms—19 percent as opposed to 6 percent,” writes Matthew Renda.

Renda quotes Joel Hyatt, CEO and co-founder of Globality, the company that commissioned the study:

“It’s clear clients are increasingly unhappy with larger legal providers. They’re expensive, aren’t as innovative, and don’t provide the same level of customer service smaller firms can offer.”

Read the CNS article.

 

 




Regulatory Whirlwind 2018: What’s Ahead for Third-Party Risk Management?

NAVEX Global will present a complimentary webinar on recent and anticipated enforcement and regulatory changes as they relate to third-party risk.

The online event will be Thursday, Jan. 25, at 1 p.m. EST / 10 a.m. PST.

Michael Volkov, renowned FCPA and third-party due diligence expert, will help participants learn about new FCPA policies and DOJ advice, data privacy regulations coming in May and more.

Participants also will learn what’s ahead in the world of anti-bribery, corruption and third-party risk management efforts.

Anyone who can’t watch the live online event may register to receive a recording of the webinar afterwards.

Register for the webinar.

 

 




Download: How to Prepare Your Business for 2018 GDPR Requirements

Zapproved has published a report providing insights from a PREX17 summary on meeting the new GDPR rules by May 2018. The summary may be downloaded free of charge.

In May 2018, the General Data Protection Regulation (GDPR) will go into effect, requiring companies that do business in Europe to adjust their strategies for data management. The GDPR standardizes data protection law across the member countries, but it doesn’t specifically address preservation and discovery for U.S. legal proceedings.

The PREX17 session summary, “Data Privacy, the GDPR and Security All in One” explores the practical considerations for this transition with insight from Intel’s Dan Christensen, U.S. Magistrate Judge Elizabeth Laporte and Jeane Thomas, Partner at Crowell & Moring LLP.

It discusses strategies to address:

  • Article 30 requirements for detailed record keeping
  • U.S vs EU perspectives on cross-border discovery and personal privacy rights
  • ISO2l701 certification

Download the summary.

 

 




Former American Airlines General Counsel Recalls Turbulent Years

A new book by the former general counsel of American Airlines tells the story of the company’s journey from the brink of insolvency following the loss of two of the airline’s jets in the Sept. 11, 2001 attacks through the most successful corporate bankruptcy and restructuring in U.S. history.

The Dallas Business Journal, with The Texas Lawbook, has an advance copy of Gary Kennedy’s “Twelve Years of Turbulence: The Inside Story of American Airlines’ Battle for Survival,” scheduled for release in February.

According to writer Mark Curriden, the book reveals that American Airlines paid lawyers and financial advisers involved in the bankruptcy proceedings $300 million – or $500,000 a day. It also goes behind the scenes of the terrorist attacks of 2011.

Read the Dallas Business Journal article.

 

 




Uber Ex-GC Involved in Data-Hiding System to Foil Police Raids: Sources

Salle Yoo, who resigned as general counsel of ride-hailing giant Uber in September, reportedly came up with an idea to foil government raids on the company’s computers: set up a system to wipe the data when the cops come through the door.

Bloomberg, citing three people with knowledge of the system, reports that, between spring 2015 until late 2016, Uber used a system designed to thwart police raids in foreign countries.

When authorities showed up at Uber offices, employees could page a number that alerted specially trained staff at company headquarters in San Francisco.

Citing a raid in Montreal, the report says, “When the call came in, staffers quickly remotely logged off every computer in the Montreal office, making it practically impossible for the authorities to retrieve the company records they’d obtained a warrant to collect. The investigators left without any evidence.”

Read the Bloomberg article.

 

 




Invitation: The Strategic-Asset GC, February 12, Washington, DC

National Association of Corporate DirectorsThe National Association of Corporate Directors (NACD) will host a meeting of progressive general counsel, directors, and subject-matter experts for an intimate discussion on the continuing evolution of the general counsel’s role, and its impact on boardroom issues. This exclusive, one-day event seeks to help GCs to better align themselves with director expectations, as well as elevate their role in the boardroom, the company says.

The event will be on Monday, Feb. 12, 2018, at the Grand Hyatt Washington in Washington, D.C.

Once seen solely as legal advisors, general counsel are now regularly called upon to provide the board with an objective opinion about the company’s strategy based on their legal and ethical training. In fact, almost 70 percent of NACD’s full board memberships have a general counsel on their board roster. As part of our continuing goal of equipping boards with the information they need to create long-term value for businesses, NACD launched a new initiative: The Strategic-Asset GC.

Now in its second year, the Strategic-Asset GC event will aim to provide general counsel unique insights from directors, subject-matter experts, and fellow general counsel in order to help identify effective strategies for continued partnership with the board.

Register or get more information.

 

 




Free eBook: The In-House Counsel’s Guide to Change Management

LawGeex, publisher of “LegalTech Buyer’s Guide,” has published a guide to change management for legal teams: “In-House Counsel’s Guide to Change Management.”

The book delivers the definitive eight-stage process of navigating and reinforcing enduring change. It contains dozens of interviews and real-life experiences from a host of industry leaders, including Pearson, Telstra, Avis Budget Group, NetApp, L’Oreal, Microsoft, Cisco, Google and many more.

The guide includes:

  • The secrets of legal change management from Pearson, Telstra, Avis Budget Group, NetApp, L’Oreal, Microsoft, Cisco, Google and many more.
  • The definitive eight-stage process of lasting change, including everything from identifying opportunities, to measuring and reinforcing success.
  • Dozens of interviews and real life experiences from the world’s leading in-house lawyers and legal experts on navigating lasting change.

Download the guide.

 

 

 

 




Download: Legal Benchmarks for Compliance Program Success

NAVEX Global has released its first ever role-based Ethics & Compliance Benchmark Report for Legal Professionals, designed to help legal professionals get unique insights into compliance challenges and solutions.

Download this report to learn:

• What general counsels value most in their ethics and compliance programs

• A proactive approach to resource constraints

• The most common methods legal professionals use to administer and manage attestations

The report provides insights and benchmarks for compliance programs, from the eyes of legal professionals. It includes best-practice recommendations and discusses how legal departments view compliance training, third-party due diligence and policy and procedure management.

Download the free report.

 

 




New Uber GC to Staff: Cut Out the Surveillance

UberJust days into his new job as chief legal officer at Uber, Tony West sent an email to the firm’s security team telling them to stop any competitive intelligence projects that included surveilling individuals, reports Recode.

In the email, West said he and new CEO Dara Khosrowshahi “are still learning the details about the extent of these operations and who was involved in directing them, but suffice it to say there is no place for such practices or that kind of behavior at Uber.”

Reporter Johana Bhuiyan writes that Khosrowshahi also sent an email to all employees, saying in part, “I will not tolerate misconduct or misbehavior that was endorsed or excused in the past. Period.”

The ride-hailing company has had to deal with the sudden loss of its former CEO, a lawsuit from a competitor, and other challenges in recent months.

Read the Recode article.

 

 

 




Law Department Operations Survey Report & Webinar

For 10 years, Blickstein Group, in cooperation with Consilio, has surveyed hundreds of law departments solely on the operations function to provide benchmarks that are useful to all law departments.

The written survey report is available now and may be downloaded at no charge.

On December 14, at 1 p.m. Eastern time / 10 a.m. Pacific, Blickstein will host a webinar to provide exclusive LIVE analysis of survey results by five industry leaders.

Those leaders are Brad Blickstein; David Cambria, Global Director of Operations – Law, Compliance and Government Relations at Archer Daniels Midland Co.; Joe Polizzotto, Senior Vice President, Strategy & Client Services at QuisLex; Kristin Calve, Publisher of Metropolitan Corporate Counsel; and Robin Snasdell, Managing Director at Consilio.

They will benchmark topics such as:

  • The role of Legal Ops
  • Change management
  • Alternative fee arrangements
  • Technology and tools
  • Metrics and reporting

Download a copy of the report.

Register for the webinar.

 

 




Webinar: Legal Insights into Ethics & Compliance

NAVEX Global will present a webinar to launch a new role-based Ethics & Compliance Benchmark Report for Legal Professionals.

The event will be Tuesday, Dec. 5, 2017, at 10 a.m. Pacific / 1 p.m. Eastern time.

The program will provide insights into how a legal department manages compliance program initiatives. Participants will discuss best-practices for building effective programs, revealing particular challenges and strengths unique to the legal function.

Featured speakers will be Randy Stephens, Vice President, NAVEX Global; and Scott Nelson, Partner, Baker McKenzie LLP.

Anyone interested in the webinar who is unable to attend the online event may register and receive a link to the recording and a full copy of the report afterwards.

Register for the webinar.

 

 




Year-End Reality Check: The Path to Efficiency

Conga has published an eBook designed to help readers get clearer visibility across contracts  through automating and integrating the contract lifecycle.

“Use-it-or-lose-it budgets are a fact of life, but they don’t have to derail your organization,” the company says on its website. “Your remaining dollars will go farther when everyone in your organization works smarter, more efficiently, and more diligently. Lightning-fast automation, policy enforcement, and true oversight will help you get the most out of end-of-quarter initiatives without taking on unnecessary risk.”

Download “The Path to Year-End Efficiency” to:

  • Do more with your year-end dollars
  • Learn how to accelerate sales processes
  • Understand the importance of getting contract management right
  • Stop the bottlenecks associated with year-end
  • Boost purchasing efficiency and oversight

Download the guide.

 

 




Ex-WellCare General Counsel Gets Six Months in U.S. Prison

A former general counsel of insurer WellCare Health Plans Inc. has been sentenced to six months in prison for making a false statement to Florida’s Medicaid program as part of what prosecutors called a $35 million healthcare fraud scheme, Reuters reports.

A U.S. district judge in Tampa sentenced Thaddeus Bereday, who was indicted in 2011 along with four other former WellCare executive. The former GC pleaded guilty to a false statement charge in June, according to court records.

Reuters reporter Nate Raymond writes that Bereday, 52, was also sentenced to three years of supervised release during which he must spend one year in home confinement, prosecutors said. He was also ordered to pay a $50,000 fine.

Read the Reuters article.

 

 

 




Apple’s New GC Welcomed With Multimillion-Dollar Bonus Package

Apple’s incoming chief lawyer Katherine Adams has received a bonus package in the form of restricted stock units, or RSUs, according to a mandatory disclosure filed with the U.S. Securities and Exchange Commission this week, reports Mac Rumors.

“Based on Apple’s closing price of $169.08 on Wednesday, each portion of 57,482 RSUs is worth slightly over $9.7 million for a potential total value of $19.4 million,” writes Joe Rossignol. “The amount could be higher or lower based on Apple’s performance.”

Adams, formerly senior vice president and general counsel of Honeywell, is Apple’s new general counsel and senior vice president of Legal and Global Security, reporting to CEO Tim Cook and serving on Apple’s executive team.

Read the Mac Rumors article.

 

 

 

 




Day Pitney’s Washington Office Represents International Spy Museum Pro Bono

Day Pitney LLP has announced that it has entered into an agreement to serve as pro bono outside general counsel for the International Spy Museum.

In a release, the firm said the museum, a 501(c)(3) non-profit organization located in Washington, DC, brings the world of intelligence to life – illuminating how it has changed the course of history and continues to play a significant role today. People from across the globe come to the Museum to explore an objective, unbiased account of the history of intelligence and espionage and to make better sense of current events and the world around them.

“Day Pitney’s presence in Washington is growing, and assisting the International Spy Museum in carrying out its mission gives our DC lawyers, as well as their colleagues in our other offices, the opportunity to contribute our expertise to an important educational institution in our nation’s capital,” said Stanley A. Twardy, Jr., the firm’s Managing Partner.

The release continues:

The International Spy Museum, which opened in Washington, DC on July 19, 2002, is the only public museum in the United States solely dedicated to espionage and the only one in the world to provide a global perspective on an all-but-invisible profession that has shaped history and continues to have a significant impact on world events.

The Spy Museum features the largest collection of international espionage artifacts ever placed on public display, many of which are being seen by the public for the first time. These artifacts illuminate the work of famous spies and pivotal espionage actions as well as help bring to life the strategies and techniques of the men and women behind some of the most secretive espionage missions in world history. For more information on the International Spy Museum, including their imminent move to their own building in DC’s growing Southwest quadrant, visit www.spymuseum.org.

Day Pitney attorneys Steven A. Cash and Evan C. Reese will lead the engagement, with Cash bringing his extensive national security and intelligence background to bear, while Reese contributes his long experience in providing counsel to corporations. “We are very excited to be working with the International Spy Museum, and look forward to introducing our clients to this fascinating institution,” said Cash.

 

 

 




Benchmark Report: Learn How Your Peers Manage Third-Party Risk

Risk managementNAVEX Global has published its 2017 Third-Party Risk Management Benchmark Report to document how practitioners are successfully conducting third-party risk management — including screening, monitoring and auditing techniques.

“Third parties can be unpredictable,” the company says on its website. “When managing hundreds or even thousands of third parties, keeping an eye out for red flags may seem a herculean task. Use the report to improve your own program outcomes, stop bad behavior in its tracks, and ensure you know how to spot the warning signs.”

The study, which includes information from more than 400 professionals, offers guidance on the approach to third-party risk management that organizations find most effective, how they are using outside providers to assist with third-party due diligence, if automated due diligence affects ROI, and more.

Download the benchmark report.

 

 




What is Legal Entity Management? Beyond Corporate Secretary Functions

Legal entity management transforms the lawyer’s mundane corporate secretary function into a platform to deliver better business results and improve client relations, writes Mark Little of Berkman Solutions in an article on the company’s website.

He explains that, legal entity management provides three benefits to clients:

1. Ensure compliance
2. Manage legal risk at the entity level
3. Communicate value of the legal team to the business.

“To manage legal entities in an era of increasing complexity and responsiveness requires five steps: centralize all entities on a corporate registry, track ownership details for each entity, manage officers and directors, store corporate documents with the entity details, and adapt to changing corporate forms and laws,” he writes.

Read the article.

 

 




PREX17 Insights on Building a Preservation Game Plan That is Litigation-Ready

Zapproved has published “Building Your Preservation Responsive Playbook,” illustrating ways to adopt, monitor and document a preservation process that is litigation-ready.

The guide can be downloaded at no charge.

Providing insights in the publication are:

  • Cortney Starble, E-Discovery Specialist at CBRE, Inc.
  • Leslie Kendrick, Litigation Counsel at Daimler
  • Bryan Dearinger, Associate General Counsel at University of Oregon

The guide is intended to provide practical tips aimed at helping legal operations teams preserve relevant data, release legal holds and manage clear preservation workflows.

Download the guide.

 

 




2017 In-House Benchmarking Report Just Released

Exterro has published its 40-page 2017 In-House Legal Benchmarking Report and made the report available for free downloading on its website.

This year’s report shows the areas of focus that corporate legal teams are homing in on in the hopes of gaining the kind of control that will bring efficiency: control over the process, both in-house and with third-party vendors; control over project management through the use of technology; control over data volumes and data types during preservation.

Some points about the report:

  • 40-page comprehensive report, which surveyed 85 in-house legal professionals
  • Key topics include how legal departments are allocating spend, techniques used to manage legal operations and much more…
  • Expert analysis by EDRM co-founder George Socha, on what he sees as the key takeaways from this report

Download the report.

 

 




Maximizing Impact of In-House Counsel Resources with Cloud-Based Matter Management

AdvoLogix will present a complimentary webinar designed to help participants learn strategies that legal teams today can employ to streamline matter intake, triage, prioritization, and assignment.

The webinar “Maximizing Impact of In-House Counsel Resources with Cloud-Based Matter Management” will be Wednesday, Nov. 15, 2017, 1-2 p.m Eastern time.

In-house legal teams today are hindered by the inability to embed unique legal workflows into commonly provided workplace tools, AdvoLogix says on its website. Highly paid individuals are spending too much time in email, phone calls, unproductive organizational meetings and manual document manipulation with lack of complete understanding of the impact of the work item to the business.

The webinar will cover how strategies give legal departments a clear understanding that the most critical legal issues are being worked in a priority sequence by the people with the right skills and availability. Presenters also will discuss tools that can automate workflow, informational intake, task assignment, document creation and more and also provide the metrics needed to provide insight into value delivered and effort expended by in-house counsel.

Register for the webinar.