Managing Security Risks During Labor Disputes
October 02, 2015
Every company with union workers faces the risk of a labor dispute. Identifying any business risks and then managing them is a priority for executive decision-makers who must ensure that the company delivers its promises to stockholders, customers, and employees.
Insurance Coverage for FCA Lawsuits
October 02, 2015
Virtually no industry is immune from FCA claims. This article highlights some of the common issues policyholders should consider, both in purchasing their liability insurance policies and responding to FCA suits and allegations.
Reviewing the CFAA
October 02, 2015
Locks, the saying goes, keep honest people honest. But no lock is perfect and the determined thief will always find a way in. In recent years, it has become obvious that the same is true of the Internet.
FATCA's Due Diligence Expansion
October 02, 2015
Last month, we discussed the fact that although Congress' purpose and intent in passing 2010's Foreign Account Tax Compliance Act (FATCA) in order to target U.S. taxpayers using offshore accounts to hide monies overseas FATCA was met, it has been achieved at a cost of imposing heavy burdens on those already compliant. The article concludes herein.
Creating a Competitive Situation
October 02, 2015
When it comes to the business processes that legal organizations should be improving immediately for long-term success, back-office support and the recovery of those costs tops the list. With the pressure on rates and cost recovery not abating, it is critical that firms develop a strategic plan to decrease and control their support costs and recover them in a fair and transparent manner.
Using Relativity As an Information Governance Application
October 02, 2015
Using Relativity to gather, review and produce documents in response to discovery requests has historically been its core use. However, one of the most effective ways in which Relativity can be creatively used by competent operators is as an Information Governance (IG) application.
Billing Scrutiny Creates Tension Between Firm and Client
October 02, 2015
Legal bill scrutiny in its many forms ' internally by legal departments, by nonlawyer staff elsewhere in the company, by third-party auditors, or via e-billing software ' has the potential to affect how and when law firms get paid, but the practical effect is up for debate.
Uncovering the Inner 'Intrapraneur' in Law Firms
October 02, 2015
One of the most pervasive impacts on law firms is the need for sustained continuous change. Change is never easy. Continuous change is harder and particularly so in conservative professions like law. Here enters the business case for law firm intrapreneur programs!
The Key to ELM Success Is Creating A Great User Experience
October 02, 2015
The tasks involved in managing legal, risk and compliance functions aren't simple. But when they take place with the support of a comprehensive Enterprise Legal Management (ELM) solution with a well-designed and holistic user experience, it can all be executed with confidence and efficiency.