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| Advocacy |
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FAS 5 Top Ten Concerns for Corporate Counsel ACC Top Ten: Reason Corporate Counsel Should Be On Alert to the Financial Accounting Standards Board's (FASB) Proposed Amendments to FAS 5, Accounting for Contingencies - sign onto ACC’s comment letter and let your voice be heard! The FASB’s June 5, 2008 Exposure Draft of proposed FAS 5 amendments will create tremendous and unacceptable burdens on corporate loss contingency reporting requirements, requiring disclosure of substantially more information in financial statements and creating devastating privilege waiver problems. Read this month's ACC Top Ten to learn why the proposed FAS amendments would create serious issues for your company. Any members interested in signing their company on to ACC’s comments protesting these proposals (due August 8, 2008) should contact JD White at white@acc.com for a copy to review. Back to top |
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Senator Specter’s Privilege Legislation Demand Backed by ACC Earlier this month, U.S. Attorney General Michael Mukasey announced to the Senate Judiciary Committee that Deputy Attorney General Mark Filip was crafting new U.S. Department of Justice (DOJ) guidelines that would replace the McNulty Memo and offer "real, significant proposed changes.” The DOJ’s McNulty Memo includes privilege waiver as a criteria for cooperation in the context of DOJ investigations into allegations of corporate failure. Deputy Attorney General Filip issued a letter that offered an executive summary of the memo that is still to come, angering Senator Specter, who called for the DOJ to stop stalling and for the mark-up and passage of The Attorney Client Privilege Protection Act of 2008. For more info, or to read the Deputy Attorney General’s letter and Senator Specter’s response, visit the ACC Privilege Protection page. Back to top |
| Question of the Month |
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Question of the Month As employment counsel for my company, I have been tasked with developing a summer hire program. Would ACC have any resources to assist me? Answer: ACC’s Virtual Library contains the following resources to assist with a summer hire program:
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| Education |
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ACC's 2008 Annual Meeting - Program Descriptions Now Available All program materials for ACC’s 2008 Annual Meeting, “Informed. In-house. Indispensable.” (October 19-22, 2008; Washington State Convention & Trade Center in Seattle, WA) are now available at http://am.acc.com. Register today for the opportunity to learn, network and explore the depth of programs and wide-range of in-house expertise at ACC’s Annual Meeting. Top Four Reasons to Register for ACC’s 2008 Annual Meeting • ACC continues to draw the largest gathering of in-house counsel in the world for its Annual Meeting; • Exhibit hall filled with the latest solutions for in-house counsel; • More than 100 interactive CLE programs led by top in-house counsel experts for every level of experience; and • Networking opportunities with your peers. Back to top |
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Apply to ACC's Fall 2008 Executive Leadership Institute ACC’s Fall 2008 Executive Leadership Institute (September 15-17, San Francisco, CA) will provide you with tools to become a successful leader and will address leadership challenges of both small and large law departments. Take this opportunity to advance in leadership training and apply today at www.acc.com/leadership – others will truly follow. Back to top |
| Resources |
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“Excellence in Corporate Practice” Award: Deadline Extended Nominate your colleague or employee for the 2008 “Excellence in Corporate Practice” award for exemplary achievement within the in-house legal profession. All nominees must have achieved success in one or more areas involving service and contributions to the legal profession. The deadline has been extended to July 18, so get your nomination in today. Awards will be presented this October at ACC's 2008 Annual Meeting in Seattle, WA. Visit the ACC Award Winners for the 2008 Nomination Form and list of past recipients. Back to top |
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ACC Top Ten: Key Questions (and Answers) for Complying with U.S. Export and Embargo/Sanctions Law and Regulations As markets, supply chains and workforces become increasingly global, more and more businesses are confronted with the need to comply with U.S. export laws. But, the diversity and complexity of these laws and the implementation of regulations make benchmarking obligations and adopting sensible internal compliance mechanisms a difficult challenge. Read this month's ACC Top Ten to gain a better understanding of U.S. export control laws and learn how to manage the compliance risks inherent to global business. Visit www.ACC.com/TopTen. Back to top |
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The ACC Docket Wins Again (and Again) for Publication Excellence The ACC Docket garnered seven awards this year for excellence in publication. One of the most recent achievements of the magazine includes its Award of Distinction, awarded by the International Academy of the Visual Arts’ Communicator. Competing with more than 8,000 other entries from around the world, the ACC Docket was selected as a winner after being judged based on various criteria, including best cover design, feature articles, and overall print publication. This win marks the ACC Docket’s 24th award since the magazine began winning awards in 1993. Below is a list of the awards that the ACC Docket has taken home so far this year. 2008 ACC Docket Awards • Apex Award of Excellence, Feature Writing, April 2007 article “Recent Trends in Internal Investigations” • Apex Award of Excellence, Magazine and Journal Writing, January/February 2007 Ediscovery issue • Communicator Award, Award of Distinction for the December 2007 cover • Communicator Award (Silver), “Living and Working in the Real Word—10 Tips for Real Success” (article) • Communicator Award (Silver), June 2007 article “Why General Counsel Should Pay More Attention to Intellectual Property” • Communicator Award (Silver), July/August 2007 issue • Magnum Opus Award (Silver), Best Regular Department, Section or Column, January/February 2007 Contractual Cogitator column, “A District Court Finds a Seller’s Bluebird in Winter” Back to top |
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Learning Made Easy with ACC Webcasts ACC Desktop Learning presents the following webcasts in July: |
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ACC’s Green-house Counsel Read ACC's Green-house Counsel, sponsored by Holland + Knight, for weekly tips, resources and facts on how your company can easily reduce its environmental footprint, and save money while doing it. To read this week’s ACC’s Green-house Counsel tip, visit www.ACC.com/GoGreen. Back to top |
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ACC Newsstand: A Daily Dose of News You Can Use ACC Newsstand, another ACC resource to help you save time and glean useful information, continues to generate positive feedback. All members subscribed to committees receive this daily newsletter, which is powered by Lexology, and many have commented that it has been “useful” and “timely.” Complete with news on such topics as dealing with employment and labor law issues, compliance/ethics issues, and new laws that can effect your practice, ACC Newsstand delivers the information straight to your IN box. If you have not received your copy of ACC Newsstand, contact the Membership Department at membership@acc.com to subscribe. Back to top |
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ACC Resources: Managing Global Legal Deparment Expansion Globalization is on the rise and is changing the structure of corporations around the world. Learn how to effectively manage your legal department in what is bound to have a lasting impact on the legal community. Read “Managing the Global Legal Department.” Note: Access to this ACC Docket article requires a password. Back to top |
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ACC Alliance Partners – Working for You ACC members benefit from our partnerships with top-tier legal and business service providers to ensure the accessibility of high-quality, useful litigation management and comprehensive resources specifically designed for the in-house practitioner at special rates. This month, be sure to check out: Robert Half Legal
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Top Honors For In-house Counsel Global Accomplishments Senior in-house counsel from Belgium, Canada, the Netherlands, the U.K. and the U.S. met in New York, NY for the International Law Office (ILO) Global Counsel Awards 2008, hosted by ACC and ILO. Based on more than 2,900 individual nominations, ACC and ILO recognized those in-house counsel and law departments who have excelled in specific practice areas. Winners include James Buda of Caterpillar Inc., who was named General Counsel of the Year; Wyeth, which received the Pro Bono Award; and ACC Board Member David R. Allgood, who received an individual honor in the Regulatory (Financial) Services category, making him the only Canadian to win the 2008 award (see below). A complete list of awards and winners can be found at www.globalcounselawards.com. For more information on this event, visit ACC in the News. |
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"Product Safety in a Global Marketplace - Current Trends and Future Challenges” A group of distinguished presenters from Germany, France, the U.K., China and the U.S. gathered in Munich on June 19, to address this topic of great importance and offered up-to-the-minute updates on recent developments on the regulatory front, both EU and global. Among the topics: Chinese product safety -risk management practices; key elements of a successful product recall; responding to and managing a product crisis; the new EU product safety regime currently in practice; and recent developments in U.S. product safety. A panel discussion on the future challenges in product risk management concluded this extremely informative seminar, jointly organised by Lovells LLP and ACC Europe. The seminar presentations can be found on the ACC Europe Past Program Materials page. Back to top |
| Networking |
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Recruit a Member and Win a Prize—Guaranteed! You already know that ACC is the only association dedicated exclusively to in-house counsel all over the world. And, you know your membership keeps you up-to-date on legal trends and provides you with the resources needed for your in-house practice. Let your colleagues know how much your ACC membership means to you—and why it should matter to them! Recruit a member during ACC’s “Everybody Wins” membership drive and win a prize for EVERY member you recruit. Get more information and tips on recruiting members. Back to top |
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SAVE THE DATE: Street Law / ACC Corporate Legal Diversity Pipeline Program Breakfast Join Street Law, Inc. and the Washington Chapter of ACC on Monday, October 20 for an informational breakfast at ACC’s 2008 Annual Meeting in Seattle, WA. The breakfast will serve as an opportunity to explore the Street Law / ACC Corporate Legal Diversity Pipeline Program, which partners in-house legal departments with diverse high schools to teach students about law and legal careers and encourage them to pursue a career in the legal profession. For more information, please contact Megan Hanson at mhanson@streetlaw.org or visit www.acc.com/diversity. Back to top |
| ACC News & Announcements |
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ACC Europe in the News ACC Europe President Anthony Wales explained to the In The In-House Lawyer why the ability of reinvention as an in-house counsel attorney is a valuable skill. Also highlighted in July/August 2008 issue, were ACC Europe’s Annual Conference sessions. ACC President Fred Krebs, a conference speaker, provided advice on leadership.
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