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In-house legal departments learning to run leaner

To stay afloat in tough economic times, many in-house legal departments are under pressure to “do more with less,” as one legal expert puts it. Seventy-five percent of corporate law departments across the country are seeing considerable cutbacks this year, ...

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Globalism augurs international accounting standards

The Securities and Exchange Commission last November proposed a road map leading to the possible mandatory adoption of International Financial Reporting Standards (or IFRS) for all reporting U.S. issuers. Not many things could be more revolutionary than a complete revision ...

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How a well-mentored subordinate becomes a superior mentor

Expert Opinion offers the insights of management specialists on a variety of topics related to the administration of a law office. Can you name one attribute shared by Jesus Christ, James Dean, Miles Davis, Athene and Drew Bledsoe? If a ...

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Companies need to take heed of new Fair Pay Act

Pay discrimination has become a hot topic in Washington. President Obama recently signed the Lilly Ledbetter Fair Pay Act, which relaxes the statute of limitations for pay discrimination claims. The Senate is also considering another bill, the Paycheck Fairness Act, ...

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Multi-step approach to Family Leave Act compliance

New regulations under the Family and Medical Leave Act (FMLA), 29 U.S.C. § 2601 et seq., went into effect in mid-January. While the changes are much too numerous to summarize here (they take up 207 pages in the Federal Register ...

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Preparation key to art of the deal with opposing counsel

This is the fifth in a six-part series – Succeeding In-House – explaining why basic legal skills are not enough for long-term success as an in-house attorney. In this column, I will explore some of the tips to employ and ...

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Courts not buying dilution claims by famous trademarks

An owner of a famous trademark may sue for “dilution” when an unauthorized use of the mark threatens the distinctive nature of the mark. The underlying rationale of the dilution doctrine is that an unauthorized use can cause a gradual ...

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