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  1. Emerging theme @ ACC Value Challenge sessions: success requires better management of processes, but don't "manage" people - lead them.
  2. Holder/SEC announce interagency finan. fraud enforcemt task force to assure coordinated prosecution of failures: http://bit.ly/2yBcss
  3. Hildebrandt CFO/COO Forum/NYC: the impact of how firms treated associates and employees over the last year will have lasting implications.
  4. RT @KrebsatACC - Congrats to all the CLOs who joined ACC to demand changes to worrisome FAS 5 Proposals - http://bit.ly/4h1w3s
  5. @mchangesq:re in-house admission-IHCounsel must be admitted somewhere and the rest depends on state rules; see http://tinyurl.com/yfr26xl.
  6. James Wooten top quote@NAMWOLF mtg: value=result divided by cost: cost goes up, value goes down; better results, value goes up.
  7. Talking to your lawyer ≠ raising an Advice of Counsel defense and cannot waive privilege. Shame on NY prosecutors! http://tinyurl.com/ndynqy
  8. If lawyer's assessment of litigation liability is not work product, what is? Textron case rewrites Hickman to say it's a business doc.
  9. Horrible decision in 1st Circuit Textron case http://bit.ly/4b3qm
  10. Mike O'Neill: for clients, the only relevant categories of work are "done" and "not done": how the sausage is made is irrelevant to clients
  11. Tom Sabatino: firms who talk about "clients" miss the point that we're also customers-don't hide behind professional status.
  12. Tom Sabatino-Schering Plough: CLOs have either trusting relationships w/firms or an auction mentality-there's more value in trusted pacts
  13. Mike O'Neill-Lenovo on value: things aren't that bad, but be honest & realistic; stop following old ideas-deliver value in the new paradigm
  14. Leigh Dance/DLA's prgrm "What's Next for Global Legal Services": Bruce MacEwen - we're headed for lower revenue & headcount for BigLaw
  15. ACC NE Chaptr Value Summit: Steering Com. Chr Mike Roster sets the stage: stop thinking like lawyers; start thinking like clients.
  16. Corrected URL: Jack Welch in ABA Journal (http://bit.ly/lVsqR) suggesting women who have families won't have top career opportunities
  17. Jack Welch in ABA Journal (http://bit.ly/jmst4) suggesting women who have families won't have top career options: "Thanks for Jack"
  18. Michele Mayes/CLO-Allstate: when you drain the swamp, you see who's swimming naked. Fat times mask inefficiency. Now we see what you value.
  19. ABA Pres Elect Carolyn Lamm & mgg ptnr Hugh Verrier send a strong 1-2 message re White & Case commitmt to value. Big firms: "yes we can."
  20. Great quote from Jim Liebold of NALP: focus shifting from how to retain associates to how to keep clients. That about says it all...