Member News

Will This Big Law Firm’s ‘Innovation’ Strategy Have Legs?

It’s a word that gets thrown around a lot: innovation. In the legal industry, its use is often followed by a fair degree of skepticism. As Matthew Fawcett, general counsel of NetApp, told me last week: “I can’t see anything interesting developmentally that’s happening out there.” With sarcasm, he recalled how more than 15 years ago law firms launched Y2K practices in hopes to land business, noting that he didn’t necessarily blame them for trying. “I feel that world is almost remote...

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Chapter News, Trade & TTIP Related

Opening Remarks by U.S. and EU Chief Negotiators for the Transatlantic Trade and Investment Partnership (T-TIP) Round 15 Press Conference

Chief Negotiator for the United States Dan Mullaney: We were very pleased to host our EU colleagues for the 15th Round of T-TIP negotiations here in New York City, which, as the location of some of the world’s busiest air and seaports, is a living testament to the importance of trade, especially across the Atlantic. We have heard some skeptical voices about T-TIP lately, but I want to emphasize that the United States remains fully engaged in these negotiations and...

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Chapter News

European Agenda on Security: First report on progress towards an effective and sustainable Security Union

Today the European Commission is presenting the first in a series of monthly reports on progress made towards an effective and sustainable Security Union. The report outlines the Commission's efforts in the fight against terrorism, organised crime and cybercrime and the work undertaken to strengthen the EU's resilience against these threats. It also highlights the priority areas where more work is needed and sets out concrete operational measures for the months to come. Commissioner for Migration, Home Affairs and Citizenship, Dimitris...

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Chapter News

Cities and regions welcome modernisation and simplification of VAT rules

Fraud, fragmentation and the complexity of the VAT system are a major challenge especially for border regions and small and medium-sized enterprises (SMEs). Therefore the members of the European Committee of the Regions (CoR) broadly support the European Commission's move to modernise VAT in the EU through an opinion prepared by Dainis Turlais (LV/ALDE) and adopted during the October plenary. The action plan on VAT was published by the European Commission in April 2016 and is the first step towards a...

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Chapter News

New Knowledge Centre for Territorial Policies: Smart scientific support for EU regions and cities

Scientific support in Europe's regions and cities will finally come to fruition thanks to the new Knowledge Centre for Territorial Policies, said Markku Markkula, President of the European Committee of the Regions (CoR), at the Annual Conference of the European Commission's Joint Research Centre on 11 October. He warmly welcomed the initiative, which provides scientific support to EU regions and cities, based on their specific needs, diversity and growth potential. Opening the Annual Conference of the Joint Research Centre (JRC),...

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Member News

How to Avoid Director Pay Litigation

In the last few years, Delaware courts have issued several rulings in lawsuits involving complaints of excessive compensation to non-employee directors . The takeaways from these cases can be summarized as follows: Decisions by directors about their own compensation will be reviewed by Delaware courts as a self-dealing transaction under the entire fairness standard, but such decisions can gain the protection of the business judgment rule if such decisions are made pursuant to a director pay limit or proposal that is...

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Member News

Customer Relationship and the digital media era

Barriers have fallen: empowered by social media, consumers are becoming the new “bosses” of corporations and a powerful source of feedback. Thus companies must learn to effectively engage them, to reward them and to positively respond to online criticism, says customer relationship management guru Paul Greenberg. He is the author of 'CRM at the Speed of Light – Essential Customer Strategies for the 21st Century', the first major customer relationship management manual of the 2.0 age, when the relationship between...

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Member News

FALL TOY PREVIEW ’16 DRAWS OPTIMISTIC CROWD OF GLOBAL TOYMAKERS, RETAILERS

October 4, 2016 | More than 3,300 toymakers, buyers, licensors and trade guests hailing from 36 countries were in Dallas, TX last week to attend the Toy Industry Association’s (TIA) 10th annual Fall Toy Preview.  Held September 27-29 at the Dallas Market Center, the long-lead marketplace drew 758 buyers from 359 retail outlets – from mass merchants and supermarkets to discount chains and specialty shops – to preview tens of thousands of brand-new toys and games slated for release in...

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Member News

Workplace Policy Institute Insider Report — October 2016

Littler's Workplace Policy Institute Insider Report details key labor, employment, and benefits news and events at the federal, state, local, and global levels. The October edition of the Insider Report examines what Congress accomplished before taking another brief recess in preparation for the November elections. The Report also details federal agency rules finalized in September, as well as state and local laws that advanced during this period. The Insider Report includes the following sections: Insider Briefing.  With little more than a...

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Member News

The CMBS market, which saw issuance plunge to a four-year low during the second quarter, rebounded in the third quarter with $18 billion of issuance.

However there remains a long trail ahead as the $18 billion of issuance during the latest period compares with $22.1 billion of deal volume during the same period a year ago. So even though some 15 deals are in the forward pipeline, issuance for the full year will fall well below last year's $95.1 billion of volume. Issuance during the latest quarter perked up when spreads began a retreat that followed an extremely volatile first half. That period's volatility made...

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