ALM Properties, Inc.
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GCs Talk Top In-House Issues at ABA Conference
Compliance, cybersecurity, and social media policies are on the minds of general counsel, according to a panel of GCs who discussed the issues at last weeks ABA Section of Litigations 2013 Annual Conference.
. . . she employs outside counsel to help her department prepare what it calls an early warning system to alert the company to trending issues. Law firms with expertise in areas such as the U.C.C., banking law, securities law and antitrust prepare monthly newsletters on specific topics. The newsletters are funneled through subject-matter experts at the company who route the information, if relevant, to appropriate departments. Sign-offs are required, and everything is archived, Daniele noted, so the system can help document the companys due diligence for regulators if necessary.
Other panelists agreed that topical newsletters were helpful, and had more suggestions in response to Refos question, How does a law firm get on your radar screen in the noise of your day? Among the answers were for GCs to carve out time to hear pitches from outside counsel and for law firms make their internal CLE programs available for current or potential in-house clients, both to educate general counsel on cutting-edge issues and to demonstrate the services the firm can provide.