By Vincent J. Allen
Budgets for some corporate legal departments have been slashed this year in line with across the board cuts implemented as companies try to weather the downturn in the economy. This leaves corporate counsel with a smaller budget to accomplish the same legal work. In-house counsel at major companies are taking a hard look at outside counsel expenditures to determine if the legal work is being handled efficiently, and many have concluded that a different approach is needed.
One strategy that is becoming more popular is to hire boutique law firms that specialize in particular areas of the law. By wisely selecting the boutique firms, many in-house counsel have found that they can obtain the same, if not better, legal services from specialized boutiques than from large firms. Continue reading
Why a Game Driven by Creativity is Worth Playing
By Celina M. Orr
Although minorities have grown to recognize the rewards of the legal profession,
intellectual property law continues to be under-represented. Intellectual property (patents, trademarks, copyrights, and trade secrets) plays an important role in an increasingly diverse range of areas, from literature and the arts to genetic engineering. Yet there is a relatively small pool of diverse attorneys in the practice of intellectual property (IP) law.
At least in part, this is due to the technical qualifications (a degree in science or engineering) that one must have in order to sit for the patent bar exam. The small number of minorities with such a background that go into law school contributes to the small pool from which employers can diversify their firms or companies. Further, because of the variety of careers that the practice of law offers, many qualified potential minority candidates may never be exposed to the IP field. Finally, even as the number of minority candidates steadily rises, another obstacle minorities face is the limited number of mentors to which we can relate and vice versa. One of the ways to surmount all of these obstacles is to educate young minorities, law students, and attorneys about the great rewards and opportunities that a career in IP has to offer. Continue reading