Wisdom

Client Management in Disclosure Schedules

By Aaron Sokoloff 

The preparation of disclosure schedules is typically one of the most time-intensive aspects of a financing or M&A transaction. In larger firms, this process is often in the hands of a junior associate, since the junior associate is usually the closest to the diligence materials that are the source of much of the information in the schedules. However, this practice gives the misleading impression that disclosure schedules are a straightforward exercise. In fact, the preparation of disclosure schedules often involves some tricky client management issues that can challenge even senior lawyers. Read More

Legal Ethics

The New Rules of Professional Conduct: What Lawyers Need to Know about New Rule 1.1 [Competence] and Rule 1.3 [Diligence]

By Alara Chilton

With the November 1, 2018 effective date for California’s new Rules of Professional Conduct fast approaching, you may be wondering how new Rule 1.1 [Competence] and new Rule 1.3 [Diligence] will affect your practice. How do these rules differ from one another and what do they require of practitioners?  Here is a brief look at what attorneys need to know about these two new rules. Read More