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InsideCounsel Magazine June 2015


  • Curated wisdom

    Knowledge management a term that people use quite often, but they sometimes use it interchangeably with “document management” or “records management,” and the truth is, it's a lot more than that.

  • Low security

    Considering trends in securities class action litigation, Joseph A. Grundfest, a law professor at Stanford University, says they are “down, down, down.”

  • Multinational monetization

    Companies that play ball on an international level must take pains to examine their portfolios and strategies to assess whether or not they are approaching the international marketplace properly

  • Chain of ethics

    There is an increasingly important role for attorneys and general counsel at companies when it comes to the management and ethics of supply chains.

From The Editor

  • The art and science of law

    As Reese Arrowsmith, head of legal operations at Lincoln Financial Group, said in a discussion, “Lawyers still think of law as an art, not a science.” He implied that that was a bad thing. But like everything at work (and maybe in life), it's both.


  • Read the tea leaves

    To those savvy enough to read the tea leaves on the screen, a computer is an early warning system that can save companies millions of dollars in fines, settlements and reputational damage.

  • Do corporate boards challenge management?

    Do corporate boards effectively challenge management? This is an important question, and analysts, shareholders, investors and other key stakeholders want to know the answer.

  • Understanding as a differentiator

    The nuances of each client company—risk tolerance, corporate and reporting structures, product development and distribution, etc.—are all critical to understanding a client's business.

  • Supreme Court decision says directors can speak freely

    Corporate officers and directors can express their honestly held opinions without liability under Section 11 of the Securities Act of 1933—even if those opinions later turn out to be false—so long as they believed those opinions to be true at the time they said it.

  • Bad budgeting

    Projections do not need to be precise in order to be accurate. A preoccupation with precision seems to paralyze many outside counsel when they are asked to present a budget or bid on a fixed fee.




In Review

  • Privacy by design

    Exploring privacy, emerging regulations and more with Dr. Judith Beach, senior vice president, senior associate general counsel and global chief privacy officer of Quintiles.

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