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Legaltech News

Keep It Virtual: Some Hope Remote Depositions, Court Hearings Continue Post-COVID

While remote depositions, hearings and court arguments can make it difficult to read a client or judge's reactions, the long-term savings such technology affords may keep law firms and their customers engaged long after COVID-19 restrictions are lifted.
4 minute read

Delaware Business Court Insider

Chancery Holds Buyout Provision in LLC Agreement to Be a 'Call Option' and Irrevocable Following Exercise

The Court of Chancery's opinion offers valuable guidance to Delaware limited liability companies when drafting the buyout provision of their operating agreements, as well as when Delaware limited liability companies are considering exercising a buyout right in accordance with the terms of their operating agreements.
6 minute read

Delaware Business Court Insider

Chancery Adjudicates Books-and-Records Request Post-Trial for Delaware LLC

Trials involving books-and-records requests have become more common since the Delaware Supreme Court encouraged stockholder plaintiffs to use the "tools at hand" to discover information necessary to establish demand futility prior to pursuing derivative litigation.
5 minute read

Corporate Counsel

General Counsel May Not Be Reaching Their Executive Potential

"Unfortunately, only 1 in 5 GC meet this standard of effectiveness," Abbott Martin, vice president for research in the Gartner Legal and Compliance practice, said. "This is concerning in an environment where many are looking to the GC for leadership."
3 minute read

The American Lawyer

Ex-Big Law Lawyers Expand Chicago Corporate Boutique as Pandemic Hits Larger Firms

The founding partners of Croke Fairchild Morgan & Beres said low overhead and competitive billing rates have served them well during the COVID-19 pandemic, leading to growth.
4 minute read

Delaware Business Court Insider

In Mergers, Common Interest Doctrine Applies Only When Parties Share Primarily Legal, Not Commercial, Interests

The Delaware Superior Court recently elaborated on the common interest doctrine in the context of a merger. In American Bottling v. Repole, Judge Abigail LeGrow held that privileged communications shared with a third party during the final stages of a merger were not subject to the common interest doctrine.
6 minute read

Corporate Counsel

Fulfilling Your Duties as a Director of a Public Company During Times of Economic Crisis

The recent turmoil in the global markets has created significant uncertainty for many companies and raised questions for their directors about how that uncertainty affects a director's role and duties.
8 minute read

Legaltech News

The RFP Tool Revolution is Happening—Just Very, Very Slowly

There's a growing number of legal-focused RFP solutions on the market, but corporate attorneys who struggled to use more general solutions in the past may be reluctant to engage with such tools even as their companies are looking for ways to save money.
4 minute read

Corporate Counsel

Leadership in Crisis: The Advantage of Having a Diverse and Global In-House Team

When you are facing a crisis like COVID-19, you need to focus on your people, communicate effectively and often, prioritize what is important, and maintain a strong compliance program.
6 minute read

Law.com

'Handicapped' Defense Bar, Deep-Pocketed Rivals and Nuclear Verdicts: The Insurance Industry Is Having a Reckoning

Both sides agree on one thing: Anger is a major factor in insurance-related litigation.
4 minute read

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