Law.com Subscribers SAVE 30%

Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.

Creating a Legal Event Team

By Brian E. Schrader and Barry Schwartz
May 02, 2017

The best way to create a successful business process is to start by identifying the people who are key to both creating and managing that process, and then bringing those people together to do just that. This is especially true when it comes to critical business processes such as disaster recovery, business continuity, data breach detection and response — all events for which organizations routinely form teams and create action plans to address.

Yet, even though legal events are often as unavoidable an eventuality as those mentioned above, and at least as disruptive as any of those events, most organizations fail to prepare and plan for legal events until the organization is knee-deep in the event and scrambling to react. That remains true, even though in many businesses today it is not if, but when, corporate counsel will need to guide the organization through a legal event. Organizations are well advised to think about and prepare for legal events in advance, and to take an approach similar to that used to address other processes.

The most effective action you can take to prepare your organization is to create a Legal Event Team that has the mandate to prepare for legal events, and to act when a legal event occurs or might occur. The primary purpose of a business continuity plan, for example, is to help ensure that an organization can quickly recover from a business interruption event, minimizing losses to employee productivity, revenue generation, shareholder value, and other operations. A Legal Event Team serves a nearly identical primary purpose: to help ensure that a legal event is handled in an orderly fashion, with as little impact to operations, costs, and employee productivity as possible.

This premium content is locked for Entertainment Law & Finance subscribers only

  • Stay current on the latest information, rulings, regulations, and trends
  • Includes practical, must-have information on copyrights, royalties, AI, and more
  • Tap into expert guidance from top entertainment lawyers and experts

For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473

Read These Next
Major Differences In UK, U.S. Copyright Laws Image

This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.

The Article 8 Opt In Image

The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.

Strategy vs. Tactics: Two Sides of a Difficult Coin Image

With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.

Removing Restrictive Covenants In New York Image

In Rockwell v. Despart, the New York Supreme Court, Third Department, recently revisited a recurring question: When may a landowner seek judicial removal of a covenant restricting use of her land?

The Benefits of Blockchain for e-Discovery and Data Preservation Image

As businesses across various industries increasingly adopt blockchain, it will become a critical source of discoverable electronically stored information. The potential benefits of blockchain for e-discovery and data preservation are substantial, making it an area of growing interest and importance.