Weil group memo: go 'quid pro quo': suggested referral plan to repay big clients raises ethics issues, experts say
Article Abstract:
Weil, Gotshal & Manges' Strategy Committee advised in a May 18 report that the Manhattan firm set up a formal procedure for referring work on a mutual basis with major investment banks and accounting firms. Ethics experts say that poses conflict-of-interest problems, as referrals would be to reciprocating businesses rather than purely in the client's best interests, and the firm says it may not implement the suggestion. The committee is a group of 14 young partners asked to explore the firm's future.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1995
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Law firm data a juicy target for hack attack: as more lawyers go online, experts say firms should strengthen defenses
Article Abstract:
Law firms are increasingly vulnerable to computer hackers as computers become more vital to the work of many lawyers and remote access to data becomes more important. Few have been victimized thus far, but such theft has happened and will grow more common and more serious in a few years. Law firms tend to spend less on computer security than do other companies of comparable size. A direct connection to the Internet, while enormously convenient, also heightens the risk of a computerized break-in.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1995
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Are telecoms discussing compliance or colluding? Companies say thy share information in an effort to ward off steep penalties under the sentencing guidelines
Article Abstract:
The arrival of the federal organizational guidelines in 1991 spurred telephone companies to start holding twice-yearly meetings on legal compliance programs. Participants say the meetings allow them to hear new ideas and talk about how to make their limited budgets stretch further, while some public interest lawyers fear that the meetings are a way for the industry to collude in setting the lowest possible compliance standards.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
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