In January, we hosted an event with the Northeast Chapter of the Association of Corporate Counsel (ACC) on cyber security. Matt Field, a cyber insurance expert, participated on the panel, and we are thrilled to offer you a Q&A with Matt on the basics of cyber insurance. Matt is Woodruff-Sawyer's New England practice leader. He is expert in complex risk management and insurance areas, including cyber, D&O, clinical trials and reps and warranties insurance. He works with companies ranging from start-ups to large publicly trade global entities. Find out more about Matt here.
A “litigation hold plan” guides an organization in carrying out its evidence preservation obligations. Many factors come into play when the need to preserve records is triggered, and each organization has unique systems, policies, and practices. There is no one-size-fits-all plan, but there are important considerations that should be addressed.
I haven't been able to stop talking about an article from this Sunday's New York Times, "What Google Learned From Its Quest to Build the Perfect Team." We in the legal profession are generally not as adept at working in teams as the Googles of the world, so I thought this article might help CLOs and other in-house legal managers (in addition to law firms!).
In-house counsel hire outside counsel for specific purposes, for example: to document and implement a transaction; to obtain a favorable outcome in a dispute; to provide specialized expertise or counsel; or to provide guidance for complying with a regulation. These services derive their value from the outside lawyer’s ability to deliver a favorable result at the most efficient cost – addressing exposure to risks without an undue level of effort and cost.
We are currently digesting the ACC Chief Legal Officer Survey, which was published this week. There are many interesting takeaways relevant to our mission on InhouseGo2, one of which is the topic of professional development, management and leadership. In 2015, headcount in corporate legal departments continued to increase, and many indicated that they will continue to hire in 2016. In addition, according to the survey, many CLOs consider attracting, retaining and managing their talent a top priority. Perhaps the only thing more complicated than a difficult legal issue is managing people on a day-to-day basis. It's harder still to push ourselves and our teams to grow. In the end, managing is just, well, managing. Our leaders want us to optimize, lead and excel relative to the competition.
Law firms are in the midst of this challenge too, so let's share our resources and understanding of the topic. Below are some great articles for you to use in your legal department. Two are from Harvard Business Review and two are from our very own Director of Professional Development, Ojen Sirin.
This is the third post in our Litigation Holds Series.
What will be the top issues for in-house counsel in 2016? From data breaches to securities laws, there will be no shortage of interesting legal questions to confront in the coming months.
Annual reporting season is once again upon us, so as you dust off your to do list, here are a few of the many important items for in-house counsel to consider during the inevitable flurry of activity in the coming weeks.
This post is the second in a our Legal Hold Practical Advice Series.
One of our priorities is tracking the big issues affecting in-house counsel, and since 2015 seems to be the year of the “Top __ List,” we thought it would be fun to jump on that bandwagon too. It’s helpful to understand your legal department’s goals, challenges and priorities in the context of the greater legal profession and the business world as a whole. And isn’t it also kind of fun at this stage of the year to look back at the various twists and turns we all lived through or at least thought we might have to get through?