LEGAL
Outside views on the new normal
As an outside lawyer, it has always baffled me why change in our profession occurs, if at all, only at a glacial pace. A recent quandary is the continued adherence to the billable hour model. If clients truly want to lower their outside counsel spend, why aren't they simply demanding a different way?
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Tips for protecting your organization's data
Businesses and other organizations are increasingly aware of the serious adverse consequences of disclosure of their data. The threat posed by criminals and now even government authorities has been documented. Legal counsel play a critical role in developing and implementing these important data security measures.
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A general counsel among general counsel: An interview with James Merklinger
What can happen in 30 years? If you're the ACC, a lot. Begin with growing to more than 32,000 members located in 75 countries representing more than 10,000 organizations, and you have merely the start of a remarkable history that spans just over a quarter of a century. For a detailed look at how the ACC has grown and what it has accomplished, Corporate Counsel Connect spoke with James Merklinger, General Counsel of ACC.
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After Windsor, the legalization of same-sex marriage is more inevitable than ever
This past June the Supreme Court issued a landmark ruling, U.S. v. Windsor, striking down Section 3 of the federal Defense of Marriage Act. Since Section 3 limited the definition of marriage within federal code to heterosexual couples, its invalidation in Windsor allows the federal government to recognize same-sex marriages solemnized in states that have legalized the practice.
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Corporate governance and privately held companies
While the primary focus of the well-known and sweeping corporate governance reforms adopted over the last decade, such as the Sarbanes-Oxley Act of 2002 ("SOX"), has been public companies, elective compliance of certain provisions of SOX by privately held companies can provide those organizations with significant advantages.
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Vertical mergers; revised telemarketing rules; employee interviews to evaluate supervisors
This month's Know-how corner shares the increasingly flexible behavioral provisions to remedy vertical mergers, and also provides the revisions on telemarketing rules. Plus how evaluating supervisors can infringe on NLRA rights.
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Top ten things to keep in mind as your company considers whether or not to conduct business with an organization or individual
Organizations across the country and globe are beefing up their due diligence programs and investing heavily to comprehensively guard against large monetary outlays and reputational calamity. If you're a bank considering implementing a new Customer Identification Program or an organization looking to shore up your current vendor due diligence process, remember to keep these 10 things in mind.
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