According to the Association of Certified Fraud Examiners, the typical organization suffers fraud losses equal to 5% of revenues. Now business owners and risk managers can use LegalEye’s® Fraud Loss Calculator to estimate how much occupational fraud could be costing their organization.
LegalEye® is a Lead Sponsor of ALM’s Legal Analytics and the Business of Law Summit in New York, November 18–19 The Predictive Use of Data Driven Information to Control Costs, Save Time and Improve the Quality of the Legal Work Product Join LegalEye® President James A. Loeffler, along with General Counsel, Chief Legal Officers, COOs and […]
According to a World Intellectual Property Organization survey, the average intellectual property case costs between $475,000 and $500,000 to litigate, compared to mediation, where costs do not usually exceed $100,000. While willing parties see the clear economic benefits of the latter, there are pitfalls that can derail the process. This Q&A with settlement judges regarding how […]
In an April 11, 2016 unpublished opinion, the U.S. Fourth Circuit Court of Appeals ruled that Travelers must defend Portal Healthcare in a class action data breach case. As the industry continues to develop cyber liability policies and pricing, many carriers have issued data loss/breach exclusions to current commercial general liability policies. Given the language […]
An interesting post in Corporate Counsel.com describes a dismissed lawsuit plaintiffs brought against LinkedIn. Plaintiffs claimed LinkedIn’s search function allowed potential employers to see past jobs and references, and in plaintiffs’ case, discover information that reflected negatively on them. The suit was thrown out, as the judge ruled that LinkedIn serves only as an information gathering service, […]
This is an excellent example of how the combination of an anonymous tip line and proactive management minimized the financial impact of FCPA violations. However, one has to wonder whether this could have been uncovered during due diligence procedures, even if these subs were merely part of a larger target that was acquired. Identifying and […]
Join Jim Loeffler of LegalEye® on Thursday, January 15 for the Increasing Law Firm Profitability Webinar. We will cover budgeting, crafting and managing alternative fee arrangements and hiring and salary decisions. Ring in 2015 with insight that goes beyond theory and provides practical examples. Webinar presented by the Center for Competitive Management.
Minimizing Billing Adjustments Here are a few of the most prevalent types of adjustments clients make to their legal bills. The obvious negative impact on the firm’s realization is only one of several adverse results. Another is the administrative time that partners and others spend attempting to justify disputed charges — time that could have otherwise been […]
Join Jim Loeffler of LegalEye® on Thursday, December 4 for a webinar on how to achieve and increase profitability under alternative fee arrangements. Webinar presented by the Center for Competitive Management.