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The continued growth of law firms, and the increasing transience of their attorneys, have created many new risks for firms to account for regarding conflicts of interest management. Increasingly, large international Firms have transitioned to a centralized approach for conflicts clearance, utilizing non fee-earning professionals for this function.
Despite this, challenges remain - particularly stemming from increasingly restrictive conflicts language within Outside Counsel Guidelines as well as recent US case law. In this podcast session, the speaker will focus on discussing the unique conflicts challenges faced by US firms with international presence and various approaches to these challenges; how technology and centralization are the key to meeting these challenges; and whether changes to the conflicts rules are needed in order to "modernize" and account for the breadth of today's international law firm and technological advances.
Speaker:
5
88 ratings
The continued growth of law firms, and the increasing transience of their attorneys, have created many new risks for firms to account for regarding conflicts of interest management. Increasingly, large international Firms have transitioned to a centralized approach for conflicts clearance, utilizing non fee-earning professionals for this function.
Despite this, challenges remain - particularly stemming from increasingly restrictive conflicts language within Outside Counsel Guidelines as well as recent US case law. In this podcast session, the speaker will focus on discussing the unique conflicts challenges faced by US firms with international presence and various approaches to these challenges; how technology and centralization are the key to meeting these challenges; and whether changes to the conflicts rules are needed in order to "modernize" and account for the breadth of today's international law firm and technological advances.
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