Originally Published in Inside Counsel | February 11, 2015 | By Paul Mandell

Managing corporate compliance is among the most vexing challenges that face today’s general counsel and chief compliance officers. This is particularly true for those in-house executives responsible for mitigating risk related to foreign operations in emerging markets, where legal rules and business practices may differ significantly from those in the U.S. In order to minimize company risk arising from operating in such environments, U.S. general counsel and chief compliance officers may wish to leverage certain best practices that are discussed below.

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More Than Half of Companies Surveyed Are Insufficiently Familiar with Foreign Regulations

BETHESDA, Md- (Jan. 17, 2015) – As high-profile cyber attacks make international headlines, nearly half (47%) of surveyed General Counsel reported that their companies are not adequately prepared to defend against cyber attacks, according to a new survey by Consero Group, an international leader in creating high-level, invitation-only events for senior executives.  The results were reported as part of the January 2015 General Counsel Data Survey, compiled by Consero Group in partnership with CDS Legal and CPA Global.

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Originally Published in The Law Society Gazette | February 2, 2015 | By Monidipa Fouzder

More than half of general counsel do not believe their legal departments are sufficiently familiar with foreign regulations that impact on their business, according to a survey of leading companies published today.

report from consultancy Consero also shows that 30% of GCs of Fortune 1000 companies surveyed think the greatest impediment to their department’s progress in the next few months is the compliance and regulatory landscape, which will be a departmental priority for a third of respondents in 2015.

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Originally Published in Inside Counsel | January 27, 2015 | By Adam Donovan and William Card

Attending a conference is a significant investment of time and money. It can cost thousands of dollars in travel and conference fees, and keep you out of the office for the better part of a week. Add a speaking role to the mix and you may return to the office with an overflowing inbox and lengthy expense report, wondering if the investment was really worth it. Fortunately, there are a number of ways to maximize your event ROI and, just as important, your ROT (return on time).

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Originally Published in Entrepreneur | January 26, 2015 | By Paul Mandell

Many factors determine whether your startup will succeed or fail. Most are quite obvious, including your ability to distinguish a product or service from the competition, access to and effective use of startup capital, product-market fit, among others. But one less obvious factor is your corporate culture.

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Originally Published in Corporate Counsel | January 26, 2015 | By Lisa Shuchman

biotechnology helix

By now it’s well-known that the post-grant proceedings implemented with the America Invents Act have have had a huge impact on the patent practices of companies in the technology and electronics fields. But the proceedings also have significantly altered the patent strategies used by in-house lawyers in the pharmaceutical and biotechnology sectors, according to a new survey.

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BETHESDA, Md- (Jan. 26, 2015) – As the two-year mark approaches since the America Invents Act (AIA) went into effect, more than three-quarters (78%) of Chief IP Officers say the AIA has altered their approach to the patent process, according to a new survey by Consero Group, an international leader in creating high-level, invitation-only events for senior executives.  The results were reported as part of the January 2015 IP Pharmaceuticals & Biotechnology Data Survey, compiled by Consero Group in partnership with CPA Global and CDS Legal.

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Originally Published in Above The Law | January 12, 2014 | By Joe Patrice

Over the last few years, in-house counsel have broadcast one message loud and clear to law firms: no thanks, we got this. Year after year, clients moved more and more work in-house, viewing larger in-house departments as a cost-effective alternative to outside counsel. Even as the economy improved for everyone else last year, chief legal officers reported a staunch unwillingness to increase spending on outside counsel, preferring to keep work themselves. As Annie Oakley put it, “anything you can do, I can do equivalently well at a fraction of the corporate legal spend.”

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Originally Published in Entrepreneur | January 12, 2015 | By Paul Mandell

Most startup founders leverage expertise of one kind or another to launch their businesses.

For example, in my first startup, a legal-industry business, I used knowledge of practicing law to connect with clients. Two co-founders of Consero, my events-industry startup, brought experience building world-class conferences. However, for the business to grow, you need not just founders’ knowledge but a team to share the workload.

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Originally Published in Corporate Counsel | January 12, 2015 | By Sue Reisinger

Corporate legal departments are under growing pressure to be more efficient but at the same time are receiving more resources to accomplish that goal, according to a new survey of chief litigation officers by the Consero Group.

“Chief litigation officers will inevitably be faced with pressure to execute their functions more effectively and to control spend more efficiently in the coming year,” the 2014 Corporate Litigation Data Survey report states.

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