There's No Tellin' - Can't Find a Job and Can't Figure Out Why?

If you are not connected to LinkedIn, you are missing one of the most important career tools you can possibly get. KNOW has a group on LinkedIn called, KNOW Paralegals. We have almost 1500 members throughout the U.S.. Canada, Belgium and other countries who share their experiences, thoughts, hopes, wants, dreams and desires. Several sent me their resumes for review. Other members of the group sent in suggestions - good ones, I might add - and offered to review resumes as well. While the economy has certainly been one contributing negative factor in the ability to land that first position,... Read more →

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"Too Many Laws, Not Enough Lawyers"

I'm thinking this article means it might be a good time for SOX paralegals to seek raises: "With business booming at the nation's law firms, the fees they charge will climb steadily. Expect the cost of corporate legal services to continue to increase an average of one and a half times the rate of inflation in coming years. The trend will vary widely by region, with the largest jumps likely in major metropolitan areas. "What's fueling demand? The explosion of new corporate compliance regulations, spawned in large part by the Sarbanes-Oxley reform law, means businesses have a lot more legal... Read more →

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LexisNexis Marks Launch of New Data Collection & Forensics Services Lab

This news makes it sound like LexisNexis has been very busy: "Based at the company’s discovery services headquarters in Bellevue, Wash., the new lab features advanced processing and industrial strength decryption capabilities currently found in very few non-governmental labs. This technology component joins the earlier established 'all star' team of specialists, each with years of experience in law enforcement, investigation, information technology, programming, data collection and digital forensics. Together, these assets help law firms and their clients gain greater control over and confidence in the recovery and review of the documents they and opposing parties produce for legal discovery. [snip]... Read more →

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"E-Discovery Survival Guide For Corporate Counsel"

Make sure you can do your part to help prevent "death by e-discovery." Here's the complete article by lawyers Jeanine Bermel & Art Smith: "While no one course of action is appropriate for all corporations, there are some basic steps to prepare for that first e-discovery challenge, none of which guarantee success. On the other hand, failure to recognize the challenges of complying with the e-discovery rules is more likely to lead to disaster. "Here are a few thoughts on recommended survival tactics to maneuver through the e-discovery minefield. 1. Update and enforce your records management policy. "Prudence and good... Read more →

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"5 Steps for E-Mail Retention"

Smart guidance & helpful discussion: "The wrong time to enact an e-mail archiving and retention plan is after your company gets audited or sued. The best way to protect your company, of course, is by developing a plan for managing and legally deleting your data before something happens. For companies just starting to look at their e-mail data retention policies...." The article outlines the five steps to follow. Read more →

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SEC rules out Sarbanes-Oxley exemption for small firms

Wow, didn't see this coming! "The Securities & Exchange Commission (SEC) Wednesday announced that although it has decided to simplify the Sarbanes-Oxley law, it will not exempt smaller companies from the provisions of the law aimed at reducing fraud. "The SEC mentioned that it will take steps to simplify compliance procedures, while making the regulatory process more efficient and cost effective. The Sarbanes-Oxley Act was passed after investors lost huge funds due to accounting scandals in several companies, such as Enron Corp and WorldCom Inc." Read more →

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"Keep Internet Disclosures From Costing Your Company"

This article affirms what we've been teaching at our SuperConferences: "Answer: The Internet and the Sarbanes-Oxley Act of 2002 (SOX) "Question: What two powerful forces are generating a whole new world of liability for companies and their directors and officers? "It is unlikely that this answer-and-question combo will ever appear on the popular TV quiz show 'Jeopardy.' But the reality is that as the Internet opens pathways to doing business that could scarcely be imagined a decade ago, it also presents increasing dangers to public companies in the form of new liability risks. The instantaneous nature of the Internet can... Read more →

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"Beyond compliance"

Helpful Q&A about content management systems: "When the topic of content management comes up, it's hard not to be reminded of comedian George Carlin's riff about stuff (and how we have too much of it). But years of compiling digital data, not to mention more recent developments in legal and regulatory requirements, have forced CIOs to think more assiduously about how they keep track of data -- not just so that they have it, but also so that they can find it when they need it. "In this Q&A, Melissa Webster, program director in IDC's Content Technologies research group, talks... Read more →

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"Law Firm GCs Continue to Multiply"

New positions for general counsel within law firms due to Sarbanes-Oxley requirements. Interesting unintended consequence, hmm?! "Dan Carroll receives nearly a dozen phone calls and e-mails every week from one of his biggest clients. Raising complicated questions about everything from liability matters to ethics issues, the client can be demanding. Fortunately, however, Carroll is highly motivated to help this particular client thrive. After all, it's his own 115-lawyer firm. "The Sacramento-based Downey Brand is just one among an increasing number of law firms around the country that are pulling lawyers away from revenue-generating work to serve as general counsel. More... Read more →

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"Improper SEC and DOJ Cooperation Can Get Charges Dismissed"

For those involved in SEC, Sarbanes-Oxley, & representing public corporations, this is a very interesting article from the Legal Times.... "The aggressive expansion of white-collar prosecutions to areas regulated by civil enforcement agencies sometimes leads to unintended results -- including significant defeats -- for prosecutors. "In two recent cases trial courts ruled that the Department of Justice and the Securities and Exchange Commission failed to conduct independent investigations. If these decisions are representative of a new trend, the result may impose meaningfully new constraints on white-collar prosecutions. [snip] "...two district court opinions, from last year's HealthSouth criminal case in the... Read more →

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