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HOLY COW ' Where Have All the General Counsel Gone?
According to an article in Law360, almost 10% of large U.S. companies have selected new General Counsel in 2013. BTI consulting conducted the study soon to be released. And in the first 2 months of 2014, the GC's at Wellpoint, Pfizer and Deutsche Bank have departed.
This is a wake- up call to anyone who believes their 'corporate' relationships are solid. Make sure you and your team members build connections with all of the senior in-house counsel at every client, former client and prospect.
If you have a good relationship with the newly-departed, hopefully you will be engaged when he/she lands a new position. If you and your team have been actively building broader connections within the company's or agency's counsel office, and one of them becomes the new gate-keeper, your work will continue.
This can also present a great opportunity for firms who are not currently working with a particular counsel's office to jump into the vacuum and win a new engagement.
According to an article in Law360, almost 10% of large U.S. companies have selected new General Counsel in 2013. BTI consulting conducted the study soon to be released. And in the first 2 months of 2014, the GC's at Wellpoint,
This is a wake- up call to anyone who believes their 'corporate' relationships are solid. Make sure you and your team members build connections with all of the senior in-house counsel at every client, former client and prospect.
If you have a good relationship with the newly-departed, hopefully you will be engaged when he/she lands a new position. If you and your team have been actively building broader connections within the company's or agency's counsel office, and one of them becomes the new gate-keeper, your work will continue.
This can also present a great opportunity for firms who are not currently working with a particular counsel's office to jump into the vacuum and win a new engagement.
COVID-19 and Lease Negotiations: Early Termination Provisions
During the COVID-19 pandemic, some tenants were able to negotiate termination agreements with their landlords. But even though a landlord may agree to terminate a lease to regain control of a defaulting tenant's space without costly and lengthy litigation, typically a defaulting tenant that otherwise has no contractual right to terminate its lease will be in a much weaker bargaining position with respect to the conditions for termination.
How Secure Is the AI System Your Law Firm Is Using?
What Law Firms Need to Know Before Trusting AI Systems with Confidential Information In a profession where confidentiality is paramount, failing to address AI security concerns could have disastrous consequences. It is vital that law firms and those in related industries ask the right questions about AI security to protect their clients and their reputation.
Pleading Importation: ITC Decisions Highlight Need for Adequate Evidentiary Support
The International Trade Commission is empowered to block the importation into the United States of products that infringe U.S. intellectual property rights, In the past, the ITC generally instituted investigations without questioning the importation allegations in the complaint, however in several recent cases, the ITC declined to institute an investigation as to certain proposed respondents due to inadequate pleading of importation.
Authentic Communications Today Increase Success for Value-Driven Clients
As the relationship between in-house and outside counsel continues to evolve, lawyers must continue to foster a client-first mindset, offer business-focused solutions, and embrace technology that helps deliver work faster and more efficiently.
The Power of Your Inner Circle: Turning Friends and Social Contacts Into Business Allies
Practical strategies to explore doing business with friends and social contacts in a way that respects relationships and maximizes opportunities.