Bankers, Not Just Lawyers, Must Learn to Embrace Risk Again

Risk. I wrote about the importance of risk management to the in-house role earlier this week and noted how lawyers should be less obstructive and better managers in terms of managing risk - risks have to be taken in order for companies to make profits, but not all risks will make profits. And of course, reckless lending by the banks is now bemoaned as one of the causes of the ongoing recession.

Rating: Medium

Tags: gcrc, legal, law, operations, in-house, banking, finance, risk

Is Hourly Billing to Blame for Inequality in the Law?

That inequality persists in the law - and in businesses in general - is a well known and often documented opinion. That hourly billing contributes to the distrust of the legal profession from clients and civilians is also well documented. But Marlisse Silver Sweeney’s article (The Female Lawyer Exodus) in The Daily Beast was a particularly interesting read because it discussed both in conjunction with each other, as she mused that hourly billing is in fact a reason for the persistent inequality in the legal profession.

Rating: Medium

Tags: gcrc, legal, law, operations, in-house, billable hour, hourly billing, inequality

Email Archiving - Avoiding that Sinking Feeling

“Where is that email gone?”

A common mini-crisis in the lives of most people, but it can be particularly pertinent for in-house lawyers. Emails are documents and as such they can be drawn upon as evidence in court and you might be called upon to find particular emails promptly following data requests.

Rating: Medium

Tags: gcrc, legal, law, operations, in-house, email, organisation, knowledge management

In-house Lawyers can be the Conscience of the Company

The general public consensus following the recession was that the greed and recklessness of bankers, which ultimately caused the recession in the eyes of many, was an unethical stain on capitalism as an ideology and as the basis of our society.

Rating: Medium

Tags: gcrc, legal, law, operations, in-house, corporate