Forget Facebook’s stock price gyrations, how about the role of its GC, Ted Ullyot, in a post-IPO world?

As Facebook’s IPO transforms the social network from a private venture to a publicly held corporation, the role of general counsel Ted Ullyot role at the company is about to change in some significant ways. Head over to CorpCounsel to read more.

[via: The Post-IPO World of Facebook GC Ted Ullyot at CorpCounsel]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

Your company has experienced a data security breach – is your company prepared to respond?

Data security breaches can have significant reputational, business, and legal costs for companies. To manage risk around data breaches, businesses must have in place procedures to guide a quick and effective response.

[via: 10 Steps for Responding to a Corporate Data Security Breach at CorpCounsel]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

InsideCounsel is tracking some of the most-significant quotes from 8 notable GCs in the mainstream media.

[via: 8 notable GCs in the news at InsideCounsel]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

Newsflash – the legal industry is changing. Who knew?

[via: Law firm leaders expect permanent change to the industry at InsideCounsel]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

Do you work in-house out of your house?

A zero-minute commute and the ability to work in your pajamas are just a few of the perks of working from home. More and more in-house counsel are finding it’s possible to enjoy the benefits of alternative work arrangements.

[via: Working In-House from Your Own House at CorpCounsel]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

For the first time, CorpCounsel has chosen four Best Legal Departments as winners in its annual competition. They range from a department with 140 attorneys to a department with just one. This year, size really didn’t matter.

[via: Best Legal Departments 2012: From Singular to Plural at CorpCounsel]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

Making GC – a difficult task for in-house counsel. As a recent article at CorpCounsel points out, counsel wishing to advance should consider several steps, including learning the business and taking risks.

[via: GC or Bust: Moving Up in the In-House World at CorpCounsel]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

In-house pro bono in the news – great effort!

Several major corporations are creating structured pro bono programs and setting benchmarks for contributions by their legal staffers. At the Pro Bono Institute’s annual conference last month, lawyers from 80 companies attended a training session, the Washington Post reports. The story profiles one project that will digitize legal files for more than 40 Virginia legal aid groups. Capital One donated $25,000, along with the time of lawyers and technology staffers, to develop the digital database called Justice Server.

[via: In-House Lawyers Provide Pro Bono; One Effort Upgrades Tech for Legal Aid Groups at the ABA Journal]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

Will 2012 bring more “Deweys” in Biglaw?

When it comes to Dewey & LeBoeuf, we’ve been like gawkers driving slowly past a car crash, our morbid fascination at times overwhelming the tragedy of the long-established firm’s slow and painful demise.

[via: More law firms may end up like Dewey, Forbes says at InsideCounsel]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

During this free PLC webinar, leading experts will discuss differences between the main types of equipment leases and what you should consider when structuring equipment leases. In addition to providing insight on how the language and structure of equipment leases impact their legal, tax and accounting status, this session will cover:

Business considerations when leasing and lease-financing equipment.

- UCC “true” versus “non-true” lease status.
- Special considerations for finance leases: very special “true” leases.
- If not a lease, why a secured transaction?
- “True tax” lease status: what it is and why it matters.
- Capital lease versus operating lease status and the impact of FASB changes.

CLE credit will be provided for NY and IL.

Date: Wednesday, May 16, 2012

Time: 1pm- 2pm ET (10am – 11am PT)

[via Structuring Equipment Leases: Tips for Achieving Your Economic and Business Goals.]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

Internal corporate investigations – a forum for in-house counsel sponsored by the American Bar Association. CLE Credit is available. More details are as follows:

In today’s litigious and highly regulated business environment, internal investigations have become a necessary centerpiece of corporate compliance, risk management, and litigation strategy. In-house counsel and compliance officers have seen increased stature, responsibilities, and access to company decision-makers. Corporate officers and directors, who face ever-increasing compliance burdens and heightened scrutiny from regulators, prosecutors, and plaintiffs’ counsel, must know what are considered to be the currently accepted measures they should employ to avoid or limit such risks for their companies, their shareholders, and themselves. A passing familiarity with new legislation, evolving government agency standards and guidance about voluntary disclosure is but a small part of public and privately-held companies’ needs for assessing the conduct of officers, directors, employees, and contractors — and the impact on corporate liability. Whether the issue involves whistleblowers, audits, financial and data integrity, immigration, employee activities, or international commerce, corporate internal investigations have become a necessary and critical tool for counsel in guiding difficult business, legal, and ethical decisions.

This National Institute remains unparalleled in its dissection of the pressing issues that comprise corporate internal investigations. Preeminent in-house and outside counsel, government lawyers, and other experts, including forensic accountants and investigators, will share their insights into the current issues and important considerations in conducting corporate investigations. This National Institute brings together leading practitioners to share their insights and perspectives about the legal, ethical, marketing, strategic, and managerial considerations to guide your advice and decision-making.

The Internal Corporate Investigations National Institute Steering Committee, the Criminal Justice Section White Collar Crime Committee, the Business Law Section, the Health Law Section, and the Section of International Law have collaborated to create this insightful, focused, and intensive program for in-house and outside counsel, and other professionals who are involved in corporate investigations. Two pre-conference workshops — a corporate investigations primer and a case studies program — will offer additional intensive instruction for those who are new to this practice or want a focused refresher.

Register today at http://www.americanbar.org/calendar/2012/05/internal_corporateinvestigations2012.html

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

A recent CorpCounsel article discusses new tools for corporate counsel that focus on simplifying access to relevant information.

[via: LexisNexis, Thomson Reuters Release New Tools for Corporate Counsel at CorpCounsel]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

Law school debt estimates on the rise – any bets on when it will hit $300,000? At some point, a smart group of students could band together, hire their own professors, start their own online law school and seek accreditation.

Last week, Law School Transparency, a non-profit group that provides law education information to prospective law students, released data estimating that students in the class of 2015 will rack up an average of $195,265 in law school debt.

[via: Law school debt estimates exceed $200,000 for class of 2015 at InsideCounsel]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

Can’t wait to see Coca-Cola’s new ad campaign:

The heirs of Richard Ritchie, who invented the formula for Pepsi-Cola more than 80 years ago, are suing Pepsico Inc., saying the soft drink and snack food maker has improperly interfered with their rights to their father’s invention.

[via: Pepsi inventor’s children sue PepsiCo at InsideCounsel]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

Social media is taking the world by storm, and for businesses, this means their employees are using Facebook, Twitter, LinkedIn and a host of other social media services. A recent piece at InsideCounsel has ten tips for crafting a social media policy.

[via: 11 tips for crafting a social media policy at InsideCounsel]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

These 10 helpful legal apps and new technologies featured at InsideCounsel can help to make your professional life easier.

[via: 10 helpful legal apps at InsideCounsel]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

Practical tips for mediation and arbitration from around the world, recounted by mediator Robert M. Smith at CorpCounsel.

[via: Worldwide Tales of Mediation and Arbitration at CorpCounsel]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

A recent article at InsideCounsel discusses whether your employees should have separate counsel during internal investigations:

At some point, almost every organization encounters questions of actual or suspected wrongdoing by its employees, officers or directors. When that scenario arises, it is time to launch an internal investigation to ferret out any wrongdoing and to take swift action to correct it. For most employees, cooperation in an internal investigation is a required condition of their continued employment. However, if the suspected wrongdoing turns out to have been conducted by one or more employees, the investigation may lead to anything from disciplinary proceedings against employees to criminal charges.

[via: Litigation: How to conduct internal investigations at InsideCounsel]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

How did your outside counsel fare last year? Check out the results in the Am Law 100 2012 edition:

All the key financial metrics for The Am Law 100 rose by single digits last year: gross revenue, revenue per lawyer, and profits per partner. Eighty-three firms posted revenue gains — 25 more than in the previous year. And the terrifying days of mass layoffs seemed to be over: Firms reversed course and added to their head count. Even equity partners, who sometimes seem like an endangered species, grew their ranks on average after two years of flat or negative growth. But as a rule, income inequality continued to plague the rankings.

[via: The Am Law 100 2012 at Law.com]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

InsideCounsel, in conjunction with the California Minority Counsel Program, is sponsoring the Project 5/165 Leadership Development Workshop on June 4 in San Francisco. An event that aspiring women GCs should consider.

[via: Leadership workshop grooms women for the GC role at InsideCounsel]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

Lawyers everywhere, be worried. The biggest threat to legal employment is here – the Corgi Lawyer. Whether you are in-house, at a law firm or in law school, you should be concerned. The legal profession is crossing species and soon there will be multitudes of canine competition. What’s worse, it has commenced with the Corgi Lawyer – a lawyer who hails from the finest breed of dog (just ask the Queen of England). InhouseBlog usually waits until Friday to spread such news, but due to the urgency and potential impact on legal employment involved, we felt we needed to get this news out to you as soon as possible.

[via Read more at the ABA Journal]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

CorpCounsel features an article by lawyers from Brown Rudnick on Wal-Mart’s bribery scandal, and how in-house and outside counsel should work together when facing potential corporate corruption.

[via: An In-House Counsel Corporate Corruption Playbook at CorpCounsel]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

A recent article at InsideCounsel discusses points to consider for FCPA due diligence.

[via: Regulatory: 7 points to consider in regard to FCPA due diligence at InsideCounsel]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

Is your law department part of the ‘New Normal’? Where do the law firms you use stand?

When we first started this series, there were many lawyers who thought the New Normal was overdue, others who thought it had already happened, and perhaps still a majority who thought law was just in a short-term blip and that we would “return to (the Old) Normal.” Now, several years in, I think there is widespread agreement that things are changing in law, and even general agreement on the contours of that change.

[via: Is Your Firm or Legal Department ‘Old Normal’ or ‘New Normal’? See Our Checklist at the ABA Journal]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

How is your law department managing international business?

The globalization of corporate America is nothing new. Over the years, more and more companies have begun to extend their businesses outside of the U.S., and it’s no surprise that the expansion has led to unique challenges for legal departments.

[via: In-house counsel discuss best practices in managing international business at InsideCounsel]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

Want an inhouse gig at a non-profit? Check out the tips offered by one former BigLaw associate who made the leap:

Once a BigLaw litigation associate, Lesley Rosenthal found a way to land a job many lawyers only dream of. Now the general counsel in charge of a small legal department at the Lincoln Center for the Performing Arts in New York, the former Paul Weiss Rifkind Wharton & Garrison attorney offers tips in a column in the Careerist about how others can position themselves for similar success.

[via: As Nonprofits Look to Hire In-House Lawyers, General Counsel Offers Tips to Those Who Want the Job at the ABA Journal]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

As the summer approaches, many companies look to enlist unpaid interns as a means of evaluating potential future talent. An article at InsideCounsel examines some of the perils involved.

[via: Labor: The perils of using unpaid interns at InsideCounsel]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

InsideCounsel is tracking some of the most-significant quotes from general counsel in the mainstream media.

[via: 9 notable GCs in the news at InsideCounsel]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

Is a Dewey bankruptcy and merger around the corner? If your law department uses Dewey, their bankruptcy and potential merger partner could have a significant impact on your law department (e.g., what if Dewey’s merger with another law firm causes a conflict in your current matters?):

Dewey & LeBoeuf has hired a Chapter 11 expert as it considers a prepackaged bankruptcy plan that could pave the way for a merger with another law firm, according to published reports.

[via: Dewey Reportedly Considers Prepackaged Bankruptcy for Merger, Retains Chapter 11 Specialist at the ABA Journal]

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com

Monday, April 24th kicks off the 12th annual Inside Counsel Super Conference. This year’s theme is: Elevate, Innovate, Change—From Legal Advisor to Strategic Partner. No longer just providing legal counsel, in-house attorneys have become strategic business partners within their companies. Supporting that theme, Business Integrity, a silver sponsor at the event, will be unveiling its new ContractExpress QuickStart solution for contract automation and management. According to Business Integrity, NDA QuickStart package is a fast and effective way for corporate legal departments to automate the creation and management of non-disclosure agreements and confidentiality agreements, accelerating business.

ContractExpress brings self-service contract creation to business users by presenting them with an easy to use, browser based, business oriented questionnaire. ContractExpress’ approval process enforces compliance by allowing a business user to access a signature ready, locked PDF version of the NDA, but only if their answers are complete and compliant – as defined by Legal.

The latter functionality is already available in ContractExpress. The QuickStart bit applies to the implementation of the solution. Business Integrity’s team will work with you to automate your confidentially agreement template and train your legal and business staff, getting you off the ground “in less than a month”. In particular, state-of-the-art NDA content already configured for ContractExpress is available from Business Integrity’s content partner, Koncision Contract Automation.

Business Integrity is also offering a discount to anyone that signs up for a demo during the conference and subsequently signs up for the product by May 30th. To learn more stop by their table at the conference or email them at sales.us@business-integrity.com if you’re not going to attend.

Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.

InhouseBlog.com