Whether you believe that the legal profession has changed little or drastically, one thing that has evolved over the years is the role of general counsel. The GC role that once consisted of oversight and management of the legal function now involves everything from advising on issues of globalization to risk management. GCs and their legal departments therefore must be armed with the necessary resources to insure their organizations’ success.
Probability and statistics are two commonly misunderstood concepts. Using ideas and examples from "The Drunkard's Walk: How Randomness Rules Our Lives" by Leonard Mlodinow, the author shows how even in the most simple of scenarios, the probability of outcomes can be grossly miscalculated.
Discusses how to have a code that has some relevance in your organization and beings to serve its purpose as your company's constitution.
This article offers expert insights on finding, training, and managing in-house attorneys all over the globe.
If you're not general counsel to a mutual fund, chances are that you’re not fully versed in the Investment Company Act of 1940. However, chances are that you do work for an operating company that has investments. Not understanding the far reach of this Act can cause trouble for companies. Read on to find out what exactly is an inadvertent investment company and how to keep your company from becoming one.
With so much electronically stored information (ESI), it can be difficult to find the specific answers you are looking for. "Keyword searching" has emerged as a solution to this issue. This article discusses the complicated nature of this solution.
Starting a law department for an established company can seem like a daunting task. In this article, find out ways to make building and leading this endeavor easier and rewarding.
Some companies like Wal-Mart have signed “A Call to Action” in order to achieve diversity and this article takes a look at what signing this document means, the current state of the legal profession in terms of diversity, and what you can be doing in your own department.
When a company hires an employee away from a competitor, alarms are likely to go off for the in-house counsel. The new employee may be on the up and up, but what happens if your competitor claims that they stole confidential, proprietary, and trade secret information––transferring it all through their email––and are now subpoenaing your company’s computers? Technological advances have made the transferring of such data easy for employees who move around so frequently and in-house attorneys need to know how to respond while protecting their company’s own confidential information.