New Disclosure Rules for Public Employers As new accounting rules go into effect for public employers, lawyers can expect an influx of legal work. (13 views)
General Counsel Frustrated with Licensing Rules Frustration is brewing for many general counsel, as new licensing laws are being approved in more states. Abiding by the new rules, which require lawyers to obtain limited licenses to practice in states in which they have not been admitted to the bar, can be costly and time-consuming. (19 views)
Cybercrime Costly for Companies Whether or not corporate cybercrime is escalating is unclear, but one thing is certain: companies are experiencing increased financial and operational losses from electronic crimes, according to a recent survey. (34 views)
Corporate Counsel Salaries Soar In-house attorneys continue to make top dollar. Their base salaries have risen between 2.2% and 9.5% nationwide, according to a recent Altman Weil, Inc., survey. (1585 views)
The importance of using blogs by In-House Counsel's Millions of Internet users post or read online blogs, and that number is slowly beginning to include in-house counsel. (46 views)
Execute Internal Investigations Carefully In the wake of corporate scandals, internal investigations into corporate practices are increasingly common, and with the rise in stock option backdating, they are likely to remain so. In order to avoid criminal charges, corporate counsel should take steps to ensure that investigations are carefully executed. (51 views)
Backdating stirs up controversy Companies consistently backdate stock option grants, which may cost shareholders hundreds of millions of dollars, according to the findings of a recent study. (5 views)
Preference given to arbitration in comparison to trial Arbitration has become increasingly popular in commercial contracts. In fact, most contracts now require arbitration, but there is also increasing controversy over whether it should take the place of court trials. (49 views)
Recruiters Face New Obstacles in an Unstable Market In today's uncertain economic climate, lawyers are more reluctant to change positions, forcing recruiters to come up with innovative strategies to convince them to reenter the job market. (34 views)
Hiring Outside Counsel Corporate Counsel continues its five-year-old tradition. After asking GCs at Fortune 250 companies to name their ''primary'' law firms in four key practice areas, the publication has released its survey results in an August report entitled ''Who Represents America's Biggest Companies.'' (126 views)
In house conusel's have better chances to receive stock options as part of compensation package As an attorney, it's important to be aware of the various stock options that are available to you. You may wonder: Are stock options available only at tech companies? Are they offered only by publicly traded companies? Do people give up a part of their salary for stock options? Are stock options as outdated as the last millennium? The answer to all these questions is no. (1187 views)
Firms Promote Diversity through Scholarships With diversity in the workplace becoming an increasingly desirable goal, law firms are taking an active approach, offering minority scholarships to high school and law school students. (186 views)
More and more Attorneys want free time instead of more earnings With attorneys speaking up about their inability to balance life and work, many firms are beginning to pay attention, offering four options designed to help integrate work and life; but are these options really the solution? (22 views)
Law Firms are Rising Billing Rates According to Rex Bossert, editor-in-chief of the legal newspaper National Law Journal (NLJ), attorneys' current billing rates are nothing out of the ordinary and are on par with what surgeons and professional athletes charge. (3838 views)
Independent Paralegals sought by Legal Firms on Contract basis As the practice of law evolves, many attorneys are finding that they have more work than they can handle; for the overburdened practitioner, freelance or contract paralegals present a convenient solution. (16071 views)
New Year Begins with Raises for First-Year Associates In an effort to attract the best legal talent and remain competitive in their markets, several major U.S. law firms have been raising first-year associates’ salaries to unprecedented heights in recent months. (1032 views)
In-House Attorneys are highly satisfied with their jobs Corporate Counsel's recent report on the job satisfaction of in-house lawyers highlights the lack of opportunity for advancement within most corporate legal departments. (1664 views)
Women Key Asset at Legal Firms Why should your firm care that Vault recently announced its ''Top-25 Law Firms for Women''? Because companies that are not emphasizing recruiting and retaining women attorneys are going to find themselves out of the game. ''It is an absolute business imperative in the modern age,'' explains Mary B. Cranston, the firm chair at Pillsbury Winthrop Shaw Pittman, LLP. She... (15 views)
Growing Trend In Large Law Firms Bearing Fruit As Public Interest Attorneys Make Partner Growing Trend In Large Law Firms Bearing Fruit As Public Interest Attorneys Make Partner While there are large law firms out there that run highly effective pro bono programs headed up by non-attorney professionals, in the last ten years there has been ''an enormous upswing'' of efforts led by attorneys, says Esther Lardent, President of the Pro Bono Institute, which is... (1930 views)
Reasons on why E-billing by Corporate Law offices is slowly gaining pace Electronic billing can be controversial, rewarding, complicated, and expensive. Its promoters believe its benefits far outweigh its detriments. Those less sanguine cite increased processing difficulties and added expense. Considering the mixed reactions to electronic billing, why are, according to one survey, approximately 28 percent of corporate law offices considering... (1600 views)
After Law School, B-School: The Rise of M.B.A.'s Among Attorneys Whether an attorney wants to hang up his/her shingle, impress a big firm's corporate department, work in-house for a large corporation, change gears or careers, or simply offer better business advice to existing and new clients, obtaining an M.B.A. may be the ticket to success. One of the most marketable degrees, the M.B.A. is quickly becoming the degree of choice for... (9533 views)
Can you still survive "At Will" : Employment woes in legal firms Do you have clients who tend to fire employees without cause because they have let their employees know that their employment is at-will? Tell your client to think again. With all the protections allotted employees, some lawyers believe that the at-will doctrine has gone by the wayside. There is an expanding number of protected classes and protected activities;... (56 views)
Benefits of a Small Legal Firm, Career in Law and Hiring A complex business litigator, Larry C. Russ has handled his share of interesting and downright fun clients. Take the Yahoo Yodeler. In 2002, Russ represented Wylie Gustafson, a country music performer who in 1996 recorded the now famous yodel for the Internet company. Gustafson had received $590 for what he understood to be a one-time use of his yodel for a commercial. But... (79 views)
Employee Dispute Resolution Programs Jury Trial Waivers Instead of Arbitration Clauses There was a time when mandatory arbitration seemed like a panacea for employers when it came to employment disputes. Yet in practice, a number of problems not anticipated by employers has caused them to look at jury trial waivers as a way to cut the costs of employment disputes. (87 views)
Reflecting on an Age-Old Question: Should I Stay or Should I Go? - A Recruiter's Insight (Part II) In the second of a two-part series, Claudia Spielman, BCG Attorney Search recruiter, uses her own experience to guide young attorneys (though the advice applies to anyone in or contemplating a career in the legal industry) on how to evaluate what to do when choosing to leave a law firm. (35 views)
How to Decide Whether to Stay or Leave Your Current Job - Insights From a Recruiter In the first of a two-part series, Claudia Spielman, BCG Attorney Search recruiter, uses her own experience to guide young attorneys (though the advice applies to anyone in or contemplating a career in the legal industry) on how to evaluate whether to stay at a law firm. (115 views)
Texas Broadcaster Cuts Cable Access In Feud Over Payment: What You Need To Know On a recent Sunday night, Elaine Leiter of Abilene settled in to watch her favorite NBC television shows, but instead of getting ''American Dreams'' and ''Crossing Jordan,'' a Harry Potter film blazed across her screen. (46 views)
Learn Real-World Venture Capital Skills at University: Student Success Stories Schools Offer Real Venture Capital Lessons Venture capital is agony and ecstasy, bust and boom, the stress of gambling and the thrill of a front-row view on the latest technologies. And when real money is involved, it's also one of the hottest classes on business school campuses. (123 views)
New Mexico Gambling on the Rise: What You Need to Know After 10 Years of Flourishing A gambler has a lot of choices on where to place his bets in New Mexico. (15 views)