A law review article to be published by Mitt Regan, Co-Director of the Center for the Study of the Legal Profession, discusses offshoring legal services. At page 111, among several arguments in favor of outsourcing services, the authors write, “Finally, a firm may free up its internal resources for more…
“The OECD estimates that international trade in counterfeit and pirated goods was worth around $250 billion in 2007.” Others put the loss to business much higher, according to the Economist, March 6, 2010 at 81, for various reasons. One reason is that much of the world’s manufacturing now takes place…
The Legal and Corporate Affairs Department of Microsoft has one or more people dedicated to looking at the company’s strategy and trying to define the goals and develop scenarios for the Department to support those strategies. “The department’s Strategic Framework consists of a three-year strategy with defined outcomes that summarize…
The more lawyers in a legal department, the more choices its general counsel and managing attorneys can make. With 100 lawyers the number of initiatives, decisions, permutations of structure and process, and investments are uncountable. Because of that profusion, some departments excel; other departments languish or decline. With 10 lawyers,…
Among the year’s most influential people in business ethics, shoulder to shoulder with President Obama, the Pope and the President of Sri Lanka, are no less than four general counsel. Ethisphere, in its Winter 2009 edition, started with Brian Martin (#84), the chief legal officer of KLA-Tencore, who not only…
The corporate jungle is not for the shy. Reticent general counsel, who believe that steady but unheralded good work by the legal team will win the hearts and minds of internal clients, may be disappointed. The benefits brought about by solid legal service over time may go unnoticed and unrewarded.…
It’s hard to see why general counsel are confident about legal risks if they don’t observe basic management practices. The benchmarking survey of legal risk and compliance, prepared in early 2009 and published by the Practical Law Company, gathers responses from 69 companies. At page 9 the report starts by…
A survey of legal risk and compliance in early 2009, published by the Practical Law Company, gathers responses from 69 companies. It produced some findings about their methods to understand and cope with legal risks. At page 5 the report notes that almost 60 percent of the respondents use risk…
The benchmarking survey of legal risk and compliance, prepared in early 2009 and published by the Practical Law Company, gathers responses from 69 companies. The report offers several suggestions for how to maximize the effectiveness of legal risk management processes, but at page 3 its three “key ways” in addition…
The Financial Times published its report, “Innovative Lawyers 2009,” dated Oct. 23, 2009. One “legal innovator” is Adil Hussain, the general counsel of Gatehouse Bank, the only Islamic bank in the UK. The Bank, unusually, employs “an in-house Islamic scholar,” based on whose prowess Hussain received his commendation (at 30).…