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| Question of the Month |
Best Practices in Negotiating Commercial Leases
Question:
I am in-house counsel for a company that rents office space in various
countries. The CEO has asked for
guidelines regarding the negotiation of new leases and lease renewals with an
eye towards reducing costs. Does ACC
have any resources on this topic?
Answer:
Yes, ACC has several resources addressing commercial lease negotiations that
should help you with your task. Here are some examples to get you started:
*For other countries, simply go to www.acc.com/legalresources, enter the term “corporate real estate” in the Search box, and select
the tab for “Practical Law Company” on the left-hand side of the screen.
The Real Estate
Committee also has a wealth of information to offer: www.acc.com/committees/relc. For
more legal resources, go to www.acc.com/legalresources.
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| Membership |
Renew Your ACC Membership
Renew your ACC membership
before Friday, December 16 and
receive a free ACC online course. All members who renew before the December 16 deadline will receive a
promotion code allowing them to choose an ACC online course from West
LegalEdcenter at no cost – a savings of up to $175 (USD). Don't delay – renew
today at www.acc.com/renew.
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| Resources |
This Month’s NEW & Featured Resources
Featured ACC Polls: We Want to Know
What You Think?
Featured
Top Ten Articles:
Featured QuickCounsels:
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ACC’s 2011 CLO Survey
ACC’s
2011 CLO Survey is now available to all members to download.
The information provides useful data for corporate legal departments including
demographics, staffing, managing expenses, the changing role of the CLO,
expectations for the coming year, and managing outside counsel. For more
information about the survey and to listen to the GC Roundtable discussion in
the survey, click here.
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ACC/Empsight Law Department Compensation Survey: How Well Are You Compensated?
Find the answer within the
2011 ACC/Empsight Law Department Compensation Survey. Results are now available
for purchase. With over 500 participants, Empsight's database is the largest,
most credible source of in-house law department compensation information in the
U.S. Three editions are available for small, medium, and larger law departments.
Find out more at www.accempsight.com.
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This Month’s Featured ACC Alliance Partner Services
The ACC Alliance brings you
exclusive discounts on legal services from a select set of providers. Here are
two featured partners for this month:
- Imagine that your CFO sued you for
conflict of interest and ineffective representation following a regulatory
investigation. Would your corporate indemnification agreement or management
liability insurance policy protect you? They may not. Chubb has partnered with the ACC since 1998 to address malpractice
issues unique to in-house counsel. Learn more.
- West, a Thomson Reuters business, offers products for
in-house counsel and compliance professionals that cover compliance, mergers,
acquisitions, transactions, litigation, and more. With each purchase of a West
product or service, members earn “ACC Dollars” that can be used toward any
ACC-related purchase, such as membership dues, registration fees or local or
national ACC programs. Learn more.
Find
out more about these featured ACC Alliance Partners and others at www.acc.com/alliance.
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| Education |
Upcoming Programs
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Business Education Program: Advanced Mini MBA for In-house Counsel
Dive deeper into the
critical MBA disciplines with the Advanced Mini MBA for In-house Counsel
program (March 6–8, Boston, MA).
Co-sponsored by ACC and the Boston University School of Management, this
program is designed for those who have already completed the Mini MBA for
In-house Counsel course. For more information on this program and other
business education programs offered by ACC and BU, visit www.acc.com/businessedu.
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ACC’s Legal Service Management Workshop: Learn to Drive Value
Join law department and law firm leaders at ACC’s Legal Service
Management Workshop (February 28–29, 2012, Dallas, TX; or May 2–3, 2012,
Minneapolis, MN) to learn how to structure value-based fees
and drive efficiency. Through a blend of instruction and
business school style case analysis, this
two-day, intensive executive workshop will help you develop techniques to
improve value in legal spending and thrive professionally. Seats are filling up
quickly. Learn more and secure your spot today at www.acc.com/legalservicemanagement.
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Secure Your Seat at ACC Europe’s 19th Annual Conference
Attend ACC Europe’s 19th
Annual Conference (May 13–15, 2012, Amsterdam, The Netherlands) and find
solutions to your cross-border challenges. This highly relevant and topical
conference presents an unmatched opportunity to network and exchange ideas with
your peers on pan-European and global issues. Register before January 31 to
take advantage of the super early bird rate. Learn more at www.acc.com/acceurope.
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Get Back to Basics at Corporate Counsel University®
Mark your calendar for Corporate Counsel University® (May 20–22, 2012, Los Angeles, CA), a
back-to-basics program specially designed for new-to-in-house counsel or those
who want to revisit the critical elements of corporate legal practice. Offering
up to 12 CLE/CPD credits, this program covers a wide range of topics such as
law department management, finance, and accounting. Learn more at ccu.acc.com.
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| Advocacy |
ACC Weighs in on Multijurisdictional Practice Proposals in Hawaii and Iowa
In comments submitted to the
Supreme Court of Hawaii, ACC supports proposed rules for the
multijurisdictional practice (MJP) of in-house counsel, which largely follow
the ABA Model Rules for MJP. However, ACC identifies two areas of concern to
in-house attorneys: denial of client representation in court without a
“laborious pro hoc vice process” and limitations on the types of pro bono
services in-house attorneys can deliver. ACC Comments to Hawaii Supreme Court, 10/31/11
ACC and its Iowa Chapter submitted comments on to the Iowa Supreme
Court. These comments are a general support of proposed reforms to registration
rules for in-house counsel, but request improvements to the proposals, which
inadvertently identify in-house counsel as “second-class citizens on the bar.”
These include limits to the types of pro bono
services in-house counsel can provide to indigent clients, and requiring a pro
hac vice process before in-house can represent their clients in court or before
tribunals. ACC and Iowa Chapter Comments to Iowa Supreme Court,
10/14/11
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| ACC News & Announcements |
NEW Value-Based Recognition Program: ACC Value Champions
On November 14, ACC
launched a new program as part of its ACC Value Challenge initiative,
the “ACC Value Champions.” This recognition
program will identify, celebrate and publicize successful law department value
initiatives and law firm/client collaborations under the banner of the ACC
Value Challenge. ACC Value Champions will showcase individuals in departments
and law firms who are making a difference for their organizations through
creativity and value-based legal management skills. We invite you to
nominate your value initiative. For more
information on how to become "ACC Value
Champions," visit www.acc.com/valuechampions.
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ACC Docket's first "Top 10 30-Somethings Award"
ACC Docket's first "Top 10 30-Somethings Award" will recognize excellence
in the in-house legal profession among attorneys between the ages of 30 and 39.
The nomination deadline is December 31, 2011. To nominate someone, click here, and for more information contact Maggy Baccinelli at 202.293.4103 ext.366.
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DirectWomen Board Institute - Applications due January 17, 2012
DirectWomen is an
organization founded by the American Bar Association and Catalyst. The
centerpiece of the initiative is the Board Institute, an annual two-day program
providing an update on key issues facing current and future directors. The
deadline for the 2012 application is January 17, 2012. Additional information
is available on the web site, www.directwomen.org.
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Walgreen Co. Joins the Corporate Pro Bono Challenge
The list of signatories to
the Corporate Pro Bono ChallengeSM continues to grow. Last month,
Walgreen Co. joined the ranks, including ACC Board member and executive vice president, general counsel and corporate
secretary of Walgreens, Tom Sabatino. To learn
more about the Challenge or how your legal department can become a Signatory,
contact Eve Runyon at 202.729.6694.
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ACC in the News
Learn
more about media coverage of ACC when you visit ACC in the
News, including:
If you have any questions,
or wish to receive additional information about items included in this month's
newsletter, please contact the Legal Resources Department at legalresources@acc.com or the Membership Department at membership@acc.com.
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