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Corporate Counsel Connect collection

April 2015 edition

In this issue

Featured insight


shaking handsPress 'up' on your career: How to develop a good elevator pitch
You walk into an elevator and the only other person is your ideal potential boss, the chief legal officer of a Fortune 500 company. What do you do? If you think that being a lawyer means you're not in sales, think again. As Daniel Pink notes in "To Sell is Human," we are all in sales now. Still, when it comes to your career, you are selling yourself, which can feel very awkward. If you want to make a career move or move up in your current career, you need to learn to sell yourself.
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Best practices


Jeff NeubergerTrends in privacy and data security
As large-scale security breaches at major companies captured headlines in 2014, lawmakers in the U.S. and abroad remain active on both the regulatory and enforcement fronts. This trend is likely to continue and companies must understand how the dynamic legal framework governing this area applies to their businesses and ensure their policies and procedures are compliant.
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In-house perspectives


David HoulihantUsing numbers (and analytics) to your advantage (part 2)
Previously we discussed a few numbers and data points that should be of interest to math-phobic lawyers – primarily the thousands of dollars of savings that e-billing and automated invoice processing can provide your organization. While these tools provide significant initial savings, a recent report from Blue Hill Research demonstrated the potential for companies to find millions of dollars of long-term savings once integrated billing and matter analytics were implemented.
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Legal insights


Jeremy ByellinAlternative legal services shouldn't get too excited over Dental Examiners
At the end of February, the Supreme Court handed down its decision in North Carolina State Board of Dental Examiners v. F.T.C., to the apparent cheers of alternative legal service providers such as LegalZoom. If you're familiar with the hurdles faced over the years by such providers, you may imagine them celebrating this ruling. LegalZoom shouldn't be getting too excited, though, because the Court's Dental Examiners ruling isn't quite as sweeping as they may think.
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Know-how corner


The Internet of Things; Exchange offers and restructurings; Cybersecurity issues for boards
Looking at the Internet of Things (IoT)? While the automation of business processes and controls through IoT technology can result in significant efficiencies, counsel must assess the associated legal risks. Plus the recent case law developments that could complicate some non-consensual out-of-court restructurings, and why you should carefully consider how responsibility, leadership and coordination regarding cybersecurity issues are structured within the management team.
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This month's top 10


Woman at deskIs it material? The top 10 questions to ask when determining
The most common and most important question for any securities practitioner is the cornerstone question, "Is it material?" The essential tool to define the scope of most securities and disclosure regulations lies in the materiality standard. This list of the top 10 questions to ask summarizes some of the factors that should be considered when making a materiality determination and can help to ensure all bases are covered in deciding materiality.
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