Corporate legal departments continue to face pressure surrounding budgets, bandwidth and efficient processes. A panel focusing on that at the Thomson Reuters Corporate Legal Department Operations Forum gathered to discuss the ideas of how to become less of a cost center, a better business partner, leveraging alternative legal service providers and more. Mark Haddad, head …
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In-house attorneys confident in use of technology, unclear on implementation of AI
A new Thomson Reuters report, Ready or Not: Artificial Intelligence and Corporate Legal Departments, highlights legal departments’ view of technology and artificial intelligence (AI). According to the report, two-thirds of in-house attorneys are confident and ready to try new technology. The report measures the perceptions of more than 200 in-house attorneys regarding their use of …
Improving Diversity & Inclusion in the Legal Profession – Interview with NAMWOLF CEO Joel Stern
The National Association of Minority & Women Owned Law Firms is now in its 16th year helping corporations and public entities diversify their outside law firm ranks. NAMWOLF is comprised of AV-rated firms across the nation whom NAMWOLF assists in developing strategic alliances, coalitions, and affiliations with corporations, in-house counsel, and other legal trade associations. …
Corporate Legal Department Operations Forum 2017 – Insights from Rob Gitell
Rob Gitell, senior director, Thomson Reuters Legal Tracker, recapped his presentation from the Thomson Reuters Corporate Legal Department Operations Forum. Gitell shared some data from the inaugural Thomson Reuters Legal Tracker LDO report release in May 2017 along with a sneak peek into a few data points from the upcoming October release of the report, …
A Message to Customers in Puerto Rico, the Virgin Islands and Other Island Nations
To our friends in Puerto Rico, the Virgin Islands, and other island nations impacted by the recent hurricanes, It was just over two weeks ago that I sent a message to those affected by the initial impacts of Hurricanes Irma and Harvey. And while the recovery effort has begun in some areas, for others – …
Is the Supreme Court Going After the Federal Circuit Courts?
As the U.S. Supreme Court prepares to open its 2017-2018 term, all eyes will on the docket to see which cases the high court decides to take up. In recent years, the Court has been taking an increased focus on IP cases. Wayne Stacy of Baker Botts says his analysis reveals that this is part …
Budget Stretching 101: Practical Strategies to Help Compliance Dollars a Work Overtime – ACAMS 2017 Panel
Implementing and managing AML protocols can be challenging for any institution, but perhaps more so for small- to mid-size institutions and community banks. What’s more, community banks are seen as less sophisticated, and therefore, are more often targeted by money launderers, noted Dan Eckhart of Dan Eckhart Law. This was the focus of an afternoon …
The New CTF: Reviewing Practical Tools to Counter Terrorism’s Evolving Financing Methods – ACAMS 2017 Panel
“It’s very cheap to kill.” A sobering message from Richard Stocks, Global Chief Technology Officer, Financial Crimes and Compliance Solutions, Pitney Bowes, on the new face of global terrorism. This is in light of the fact that law enforcement and AML activities have disrupted terror groups like ISIS and al Qaeda, forcing these groups to …
The State of AML: ACAMS 2017 Day Two Keynote – Daniel Glaser
“How did we get to where we are today?” That was the key question that Daniel Glaser, principal, Financial Integrity Network, posed during his day two Keynote at the 2017 ACAMS Conference in Las Vegas. Glazer reflected on the trajectory of the field of illicit finance, from its “birth” in 1986 when the U.S. first …
A Clear and Present Danger: Developing Models to Combat Proliferation Financing – ACAMS 2017 Panel
Tensions with North Korea continue to reach a frightening breaking point, including the latest statement from that nation’s foreign minister that it would shoot down U.S. bombers if they fly near the border again. In the face of this escalating crisis, a panel discussion on a closely-related issue — “A Clear and Present Danger: Developing …
