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Although commonly used, indemnification provisions can be complex. Download this sample clause from Practical Law infused with tips to ensure your indemnification clause effectively manages risk. READ MORE ›
If used improperly, an indemnification provision can subject a party to continuing liability for circumstances outside of its control. When drafting and negotiating an agreement, start with this helpful sample to quickly and effectively draft your indemnification clause.
This sample clause includes:
Unilateral or mutual indemnification and defense in a sale of goods or services transaction
Facing patent infringement allegations? Discover how the printing industry is fighting back against patent trolls that threaten their bottom line and explore possible solutions for your case. READ MORE ›
Patent trolls, the epitome of greed and unethical behavior, can impact company health, growth, and in some cases, survival. As a dwindling printing industry looks to digital technologies to increase profits and save jobs, patent trolls are inhibiting their growth by demanding huge fees from companies.
Learn how companies can deter patent trolls by pooling resources to fight alleged patent infringements together. Explore research and case studies of how patent trolls are affecting the printing industry, and solutions companies are using to fight back.
Download this case study to learn:
What is a patent troll
What to do if faced with an allegation of patent infringement
The legal industry is on the cusp of a revolution led by the adoption of AI computers. Learn to boost productivity through many of these practical use cases for AI in your legal department. READ MORE ›
Automated technology doesn't just perform broad or mundane tasks efficiently. Artificial intelligence works beyond a traditional work day, doesn’t require vacation or family leave and never needs to break for lunch. Based on those qualities alone, the adoption of AI to any company would improve productivity and spur business growth. But implementation can be difficult and costly.
Legal departments need to find lower cost ways to accomplish their goal - and that requires more than just pushing law firms to cut prices for traditional services. Discover the full potential of AI and its many practical use cases for your legal department.
Letters of Credit are becoming more common as foreign investing increases in the U.S. commercial real estate market. Learn tips and guidelines to effectively use a Letter of Credit. READ MORE ›
The U.S. commercial real estate market has been a major beneficiary of foreign investments over the last several years. One notable difference when dealing with foreign investment opportunities is the use of a Letter of Credit (LOC).
A LOC gives assurance to the U.S. seller, lender or landlord that the foreign entity has the sums of capital it purports. While fairly simple in form, a LOC requires proper review and negotiation to ensure effectiveness.
Download this article to learn:
The mechanics of a LOC
Common contexts where a LOC is used
Benefits and drawbacks of using a LOC
Tips and guidelines to draft and use a LOC effectively
Have you been sued for patent infringement? Learn about early strategic options and take the first step towards a rigorous defense. READ MORE ›
Being sued for patent infringement is never a welcomed event. Download this information for key items that in-house and outside counsel should consider in the early stages including:
Protections continue to grow for individuals in the workplace in 2017. Learn what these new employment and labor protections mean for your company as well as tips for employers. READ MORE ›
Download to discover insights and tips on the following legislation:
Written contracts being required for freelance work in NYC
Employers will no longer be allowed to ask applicants about salary histories in NYC
7th circuit rules that civil rights laws protect LGBT employees from bias
Get up to speed on ransomware attacks, its implications to your firm, how to respond if one occurs and the best cybersecurity steps to protect and prevent one from occurring in the first place. READ MORE ›
Two widespread ransomware attacks, known as WannaCry and Petya, ripped through 240,000 machines earlier this year holding computer and network data hostage, or destroying files altogether. These attacks serve as a cybersecurity wake-up call to the legal industry as one law firm, DLA Piper, fell victim with the attack potentially costing them millions.
This white paper explores the basics of cybersecurity and steps your firm can take to prevent and protect its data and foundational business pillars (client confidentiality and trust) from ransomware attacks.
You’ll get answers to these questions:
What is Ransomware? How does it work?
How can I respond to a data breach?
What are the financial implications for law firms if a breach occurs?
Download this template to track a company's contracts at their various stages, including executed or terminated contracts. The at-a-glance layout allows for quick organization and reference. READ MORE ›
Effective contract management is critical to the internal control, corporate governance, and financial performance of a company. In-house attorneys keep track of many contracts at any given time and you may struggle to track them in an organized and straightforward manner.
Download this customizable template with an at-a-glance layout that allows you to:
Organize key information about a company's contracts
Compile and store essential information about each agreement in one place
Track and reference contract statuses quickly and efficiently
Navigate Fair Labor Standards Act (FLSA) compliance with confidence by educating yourself on essential current points of interest, cautionary notes and the forecast ahead. READ MORE ›
The path to Fair Labor Standards Act (FLSA) compliance often seems fraught with potholes, speed bumps and wrong turns that can land even the savviest employer in a ditch. While the rules are in flux, careful planning, remaining alert and focusing on the road ahead are fail-safe guides in uncertain times.
Download this white paper for insightful navigation of:
The 2016 FLSA Final Rule
The Trump DOL’s anticipated regulatory changes
Independent contractor and joint employer guidance under a revamped DOL
Execute depositions outside the U.S. seamlessly with this ultimate guide to coordinating international depositions. Find country-specific restrictions, thorough process checklists, and best practices. READ MORE ›
Preparing for depositions abroad can be stressful with the amount of planning required and restrictions involved. This guide simplifies and streamlines your preparation to coordinate depositions anywhere in the world with ease.
Download the 2017 updated guide and receive:
Deposition checklists that provide step-by-step planning
Updated country-specific deposition restrictions
Best practices and new information from U.S. Embassies and Consulates
Examine the current state of artificial intelligence and explore the future AI roadmap in this second installment of the exclusive AI series by Thomson Reuters. READ MORE ›
Artificial intelligence is quickly coming into its own in terms of use by the legal industry. We are on the cusp of a revolution led by the adoption of artificial intelligence not only throughout the legal industry, but specifically by in-house lawyers.
Much like how email changed the way we do business every day, artificial intelligence will become ubiquitous – an indispensable assistant to practically every lawyer. But what is the future of artificial intelligence technology in the legal industry?
The Future of Artificial Intelligence is the second in a series of four in-depth articles exclusively from Thomson Reuters examining the state of AI for in-house counsel. Download it today to be ready for tomorrow.
Internal investigations have increasingly become recognized as a key element of good corporate governance. This manual provides best practices to conduct and prevent an investigation. READ MORE ›
There is no regulatory blueprint for what are accepted standards and practices, and this puts companies at a disadvantage with regulators.
This practical guide is useful to professionals in support functions including HR, compliance, risk, audit and legal, as well as proving a reference tool for lawyers who practice in the field of regulatory investigations and enforcement.
A proactive approach to establishing the facts will put you on the right foot in terms of preparing for related litigation, managing reputational risk and shaping messaging in the media. The guide provides practical guidance based on the purpose and approach of the investigation. The structure can be easily adopted, adapted and developed to obtain the best results.
Some of the details provided will guide you in the following:
Identifying and notifying internal and external stakeholders
Be proactive and avoid sexual harassment in the workplace by downloading this sample harassment policy and training presentation to properly prepare your employees. READ MORE ›
Be proactive: avoid sexual harassment in the workplace by having a harassment prevention policy in place and by training employees on compliance.
The Practical Law Sexual Harassment Prevention Training for Employees: Presentation Materials is a downloadable PowerPoint that can be used by counsel to train rank and file employees on sexual harassment prevention and reporting. It can be customized for a specific company and industry, and provides:
An overview of Title VII.
The definition of sexual harassment, including examples.
A sample company anti-harassment policy.
A description of employee obligations and reporting procedures.
In an effort to increase innovation and profits in a burgeoning global economy, companies need to attract and retain a highly skilled immigrant workforce. Could Canada be the solution? READ MORE ›
Large, mid-market and emerging companies are searching to increase innovation and profits in a growing global economy. With global competitive pressures, it’s essential that U.S. companies in specific industries be able to recruit and retain top talent.
In a perfect storm compounded by numerous factors, U.S. corporate leadership is aggressively seeking solutions that promise to enrich their competitive edge and, at the same time, create a more favorable marketplace.
This white paper will detail the key considerations and solutions that a Canadian office offers, including:
- Improvements on Canadian immigration policy
- Canadian options that support U.S. companies
- A structured solution to increase the North American platform
A case study on how a multi-national financial institution leveraged predictive modeling to respond to a regulatory investigation into its sales, marketing and trading behavior. READ MORE ›
The investigation spanned three jurisdictions and required the analysis of custodians’ data amounting to more than 5000 GBs and over 10 million documents hosted on multiple client databases.
The challenges lied in identifying key facts while meeting the regulator’s deadlines for production. The best way to efficiently identify relevant information while reducing costs was to develop a defensible predictive model, leveraging technology assisted review (TAR) to identify key documents for investigative and production purposes, with minimal linear review.
This case study illustrates how the team leveraged technology to overcome the challenges of finding relevant information by reducing the number of documents requiring eyes-on review by 95% and saving $3.4 million.
In an effort to increase innovation and profits in a burgeoning global economy, companies need to attract and retain a highly skilled immigrant workforce. Could Canada be the solution? READ MORE ›
Large, mid-market and emerging companies are searching to increase innovation and profits in a growing global economy. With global competitive pressures, it’s essential that U.S. companies in specific industries be able to recruit and retain top talent.
In a perfect storm compounded by numerous factors, U.S. corporate leadership is aggressively seeking solutions that promise to enrich their competitive edge and, at the same time, create a more favorable marketplace.
This white paper will detail the key considerations and solutions that a Canadian office offers, including:
- Improvements on Canadian immigration policy
- Canadian options that support U.S. companies
- A structured solution to increase the North American platform
Expert witnesses can be crucially valuable to your case or they can do more harm than good. Learn 5 secrets to extracting the best return on investment from experts. READ MORE ›
Expert witnesses. Can’t live with them. Can’t live without them. Plenty of attorneys’ biggest problems are with experts, not the facts of the case. A quality expert on the right case, handled with a strategic approach, can deliver more value than their expenses.
Take your expert witness strategy to the next level and start minimizing the hours invested to ensure experts become seamless contributors to your case strategy.
In this white paper, you’ll learn:
How to better determine what type of expertise is needed on a case
Coveted qualities of the most effective experts
Best practices for calculating expert fees to create ROI
Tips for handling the expenses associated with experts
Short videos from LegalWeek: Hear from legal industry experts on challenges faced in small firms and what successful firms are doing differently. READ MORE ›
Whether you're a small law firm or solo practitioner, it is becoming increasingly important to provide seamless engagement with your clients.
During LegalWeek New York, a panel of experts discussed findings from the State of U.S. Small Law Study with a focus on the pain points of solo and small firms in today’s legal market. Watch the videos and see if these challenges are similar in your firm and, learn what successful firms are doing to address these challenges.
The legal industry has only begun to realize the potential and impact of AI on day-to-day practice. How will this technology impact the profession? READ MORE ›
The practice of law has come a long way from shorthand and stenotype or the introduction of email. Just as those technologies were groundbreaking and significantly altered the legal industry - so too will artificial intelligence (AI). While you may envision talking robots and pop culture references, AI is much more than the sum of all those parts.
This article discusses the ways in which AI will become ubiquitous - an indispensable assistant to practically every lawyer. Those that do not adopt and embrace the change will get left behind.
Within the next few years, we will find ourselves on the cusp of a revolution in legal practice led by the adoption of artificial intelligence - particularly by in-house lawyers.
Practical Law Chart: A complete 50-state survey compilation of vacation pay policies READ MORE ›
With vacation season in full swing, July is the perfect month to remind your organization how vacation pay differs in the states in which you are located.
Take a few minutes to pull information from the Practical Law Vacation Pay State Laws Chart, a 50-state survey that highlights whether paid vacation benefits are considered wages, use-it-or-lose-it policies, and payment of accrued vacation on termination by state.
Work with your HR, Finance or Management teams to ensure compliance, and your leadership team will thank you for being so proactive in protecting the company from potential violations!
There are two types of law firms: those that have had a security breach, and those that will. Is your firm prepared? Get the answer by implementing the best practices across multiple resources. READ MORE ›
A cyber breach can happen when you least expect it. Cost of cybercrime for U.S. organizations has grown 96% over the past five years. Law firms hold extremely important and confidential client information so it goes without saying that protecting your firm from cyber threats should be a top priority.
Ask yourself these questions:
* Do you know what threat vectors and likely attacks look like?
* Do you understand the regulators and standards that impact your firm?
* Are you confident that your firm is prepared for the inevitable breach?
* Do you have an incident response plan in place in the event of a breach?
This guide will walk you though implementing cybersecurity best practices across multiple resources. Don't be reactive, download this guide and take a proactive approach to developing the strategy you need to protect your client and your practice.
A 2014 study showed that 75% of law firms that focused on administrative process efficiency saw increases in both revenue and profit. Want to see the same success? Start by downloading this checklist. READ MORE ›
Administrative tasks can easily take up to 40% of a law firm’s day – this drastically cuts into profitability. Streamline the management of your firm so you can get back to what you do best – serving your clients.
This checklist provides a practical approach to better matter management with easy to follow steps for every stage:
- The outset of your matter, like client intake, accounting, know-how, and project management,
- Throughout the matter as it relates to document management, research and drafting,
- And the matter wrap-up through determining bottom-line measurements and matter profitability.
Learn how a secure, virtual strategy can help solo and small firms meet client demands and better manage their business. READ MORE ›
Virtual law firms are becoming more prevalent, thanks to the use of more cloud-based storage and less paper storage. A secure virtual environment can offer specific advantages to businesses, especially law firms.
While some attorneys are suspicious about working in “the cloud,” it might surprise them that they are already there. Anyone who sends documents through email or uses some of the more popular word-processing apps on a tablet computer is likely using the cloud.
Download this whitepaper to learn how you can leverage the advantages of a virtual law firm.
Financial institutions are challenged to meet compliance obligations in a more cost-effective and agile way. Find out how to integrate your existing compliance programs under one unified umbrella. READ MORE ›
Regulators increasingly expect Chief Compliance Officers (CCOs) to achieve greater consistency in their approach to manage diverse financial crimes risks across the enterprise.
As a result, many financial institutions are reevaluating their approach to how they manage financial crimes risk, and are creating a common governance strategy and umbrella structure to manage compliance.
This white paper will detail your steps and considerations that can help to guide the compliance leads who are considering embarking on this journey.
By registering for this white paper, the personal information you provide on this site will be shared with KPMG and you may be contacted regarding the firm’s services. For more information: http://www.kpmg.com/us/en/Pages/privacy.aspx
KPMG International’s Trademarks are the sole property of KPMG International and their use here does not imply auditing by or endorsement of KPMG International or any of its member firms.
Only the smartest companies can both protect that information and leverage it for business opportunities. Do you have updated, current drafts of these important documents? READ MORE ›
Every company has confidential information - but only the smartest companies can both protect that information and leverage it for business opportunities.
The contracts you draft can make that happen...if you're prepared.
Do you have updated current drafts of these important documents?
A free-standing confidentiality agreement (also known as a nondisclosure agreement or NDA)
Clauses within an agreement that covers a larger transaction
This resource addresses key issues for employers to consider when terminating an employee and best practices to minimize claims of wrongful discharge. READ MORE ›
Employers often face claims by former employees that their employment was terminated for an unlawful reason. Whether or not they have merit, wrongful discharge claims can result in lengthy battles, adverse publicity and damaged morale in the remaining workforce.
This resource addresses key issues for employers to consider when terminating an employee. It also provides best practices to minimize claims of wrongful discharge by former employees and maximize employers' ability to defend against claims files.
Protect your company and its shareholders by educating directors with an overview of their fiduciary duties and the potential consequences, both personal and for the business. READ MORE ›
How well do your directors understand their fiduciary duties?
This presentation is intended for use by in-house counsel to give the company's board of directors an overview of the fiduciary duties that the directors owe the company and its shareholders.
This presentation discusses:
The core fiduciary duties of care and loyalty.
Specific director obligations that flow from the core fiduciary duties.
The standards of review that courts apply when judging directors' conduct.
How directors can limit their exposure to liability.
The use of social media by individuals in and outside of the workplace is widespread and continues to grow. Create a Social Media policy that protects your company. READ MORE ›
Improper and inappropriate use of social media by employees carries tremendous legal risk for the employer, including:
Potential unauthorized disclosure of the company's trade secrets and confidential or proprietary information.
Infringement of third-party intellectual property rights.
Employee harassment and privacy violations.
Create a Social Media policy that protects your company and employees with this download from Practice Point. This download has integrated notes with important explanations and drafting tips.
Knowledge, know-how, and the ability to respond with confidence. Learn the keys to position yourself as a trusted corporate advisor. READ MORE ›
The business landscape continues to evolve quickly, and corporate counsel must keep pace, monitoring and responding to changes concerning regulation, privacy and a host of other domains. If in-house legal teams cannot rise to the challenge, they will be unable to work proactively and play the role of sought-after advisor who can consistently advise the business on new threats and opportunities.
However, by aligning themselves with a new path forward, one marked by both heightened efficiency and effectiveness, Corporate Counsel can better respond with confidence and assert their position as a trusted corporate advisor.
A new era of data-driven risk. What organizations need to know about the state of cyber threats, information governance, and e-discovery. READ MORE ›
In this data-driven era, legal technology advancements in predictive coding and data analytics aren't just nice to have - they're a strategic imperative. But with more data and new technology comes greater cyber and regulatory risk.
Find out what more than 100 senior in-house counsel at leading corporations have to say about these issues and more.
This white paper discusses what not to believe about arbitration. READ MORE ›
More parties and attorneys would opt for arbitration over litigation, but with the misconceptions surrounding the litigation process, there are still those who have doubts.
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