October 1, 2023

Tullio Corradini

Trusted Legal Source

Law Firm Business Opportunities, The Line Between Personal and Professional, GDPR Guidance: The Morning Minute

Law Firm Business Opportunities, The Line Between Personal and Professional, GDPR Guidance: The Morning Minute

Business enterprise Opportunities – Several big regulation companies have entered Chicago in the past two several years, together with by way of mergers and acquisitions. And the working experience of Crowell & Moring, which entered the town a 12 months in the past through a merger with IP firm Brinks Gilson & Lione, highlights that regulation corporations are capturing new get the job done in the city by expanding on client relationships from the legacy companies or teams they acquired, experiences Andrew Maloney. “I believe our greatest opportunity for development is with existing consumers,” explained Gus Siller, previous president of Brinks and now co-chair of Crowell’s engineering and IP division. “And the two Crowell and legacy Brinks had sizeable customers in the Chicago sector. Crowell experienced some purchasers in the Chicago market place that Brinks didn’t have, so we’re wanting to develop clients in both of those instructions.” Developing current customer interactions is a prevalent way for companies to grow, mentioned Kent Zimmermann, a law firm administration marketing consultant who advised on the Crowell-Brinks merger. And when merger discussions get intriguing, it is often because “each of the firms commences to appear and recognize what options they’re leaving on the table to serve their have consumers.”

BLURRY Lines – For a increasing quantity of corporate counsel, the line among the own and experienced has turn out to be as blurry as the respond to to this seemingly uncomplicated dilemma: Must in-home lawful leaders acquire community stances on controversial social issues? “The concern alone demonstrates the altering nature of the normal counsel purpose. It’s long gone beyond authorized information and compliance to remaining seriously a broad counselor to the corporation and the CEO,” mentioned Eric Greenberg, executive VP, typical counsel and corporate secretary at Atlanta-based Cox Media Group. The discussion more than no matter if legal department leaders really should weigh in on incredibly hot-button matters isn’t novel, reports Phillip Bantz, but it heated up a short while ago when in-household legal professionals reacted on social media to the U.S. Supreme Court’s final decision in Dobbs v. Jackson Women’s Wellbeing Firm, which overturned Roe v. Wade and finished federal abortion legal rights.