Top ten tips to generate cost savings that is sustainable while maintaining a top-notch law department.
Kenneth Cutshaw underscores the importance of LPO in this must-read article.
Read this article for some great advice for CLOs handling mergers and acquisitions.
With such an emphasis on value these days, law firms may be judged on their ability to shed the confines of the billable hour, improve efficiency and resourcefulness. But the most rewarding results may come from mastering the age-old concept of work/life balance.
How are good compliance and due diligence programs the safeguard of a successful company? They protect against potential legal liability and financial hardship. They preserve the sanctity of a corporate reputation. There's another upside to this type of programming: done correctly, it can also cut company costs.
This guide provides non-Canadians with an introduction to the laws and regulations that affect the conduct of business in the province of Quebec. Because of Canada’s federal structure, the authority to make laws and regulations is divided between the federal and provincial governments by the Canadian Constitution, although in some areas of divided authority both federal and provincial laws may apply.
In recessionary times, managers are highly motivated to find creative ways to save money. Managers may consider increasing their reliance on independent contractors, to maximize the flexibility to control labor costs on minimal notice and with less disruption to employees. However, retaining independent contractors or reclassifying existing employees as such without a proper legal basis poses significant risks for the company should the workers' status as independent contractors later be challenged. This article discusses ten practical tips for employers and their in-house counsel to minimize the risks associated with the use of independent contractors, particularly in recessionary times.
The proverbial gauntlet has been thrown down — law departments are increasingly challenged to be more service-oriented and less costly. It may sound like an impossible task and for some, it may well be. But there’s another possible solution: off shoring.
As companies get creative about their financial solutions, the concept of taking business to off-site legal professionals is becoming more popular. This article discusses the development of legal outsourcing, its benefits and the information you need to decide if it’s the right move for your business.
In this article, columnist Kenneth Cutshaw discusses possible positive effects on lawyers in other countries that have the opportunity to undertake challenging global legal work as a result of the recession, describing the differences between these outsourced individuals and in-house counsel.