Lex Connect Curated Reading List
Fear not, we have curated the best Legal Operations & Legal Technology blog and articles.
Enjoy your 30 minutes power reading.
Welcome to Legal Business’ second annual GC Power List, which follows up on our successful launch last year. While we already knew we wanted the Power List to be an ongoing strand for Legal Business and its sister title The In-House Lawyer, reflecting the growing clout of in-house lawyers, attentive readers will note a shift in format.
Optimizing outside counsel and legal vendor management only results when the general counsel and LDO make productive changes to the internal and external relationships that consist of the right mix of in-house professionals, outside counsel and clients.
Organizations have been over-retaining electronic information and failing to dispose of it in a legally defensible manner when business and law will allow. The best way to address this monster problem is to break it into more tractable sub-problems: day-forward information disposition and historical informational disposition. I won’t go into day-forward information disposition here, but it is an easier problem to solve. Let’s therefore stipulate that it’s taken care of and focus on historical information disposition.
The number of US companies facing regulatory proceedings increased for the third consecutive year, according to Norton Rose Fulbright's 10th Annual Litigation Trends Survey.
Not surprisingly then, storytelling also has a place in legal knowledge management. Personality studies show that many attorneys may have “a tendency to distance themselves from others and become uncommunicative.
Survey Shows More GCs in Key Management Roles.More companies are recognizing the full value of General Counsel—value that extends far beyond legal advisor. Today’s General Counsel play an increasingly important role in shaping company strategy and protecting the bottom line, according to results of a recent survey of directors.
AML enforcement often includes sanctions violations. The Office of Foreign Asset Control (OFAC) is responsible for regulating and enforcing the sanctions regime.
What do in-house lawyers really want from Outside Counsel?
I've gathered views from senior in-house lawyers working in Scotland about what they look for from the all important private practice relationship.
The incidental lawyer
The South Carolina Supreme Court ruled this week that LegalZoom’s services do not constitute the unauthorized practice of law. As reported by Greg Lambert at 3 Geeks, LegalZoom’s press release celebrates the news, while also taking pains to note that the company’s documents have been reviewed by the state Supreme Court and that it frequently refers its customers to licensed lawyers for more complex work.
We will see more change in the legal profession in the coming decade than we have seen in the past century.