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53 Prac. Law. 3 (2007)

handle is hein.ali/praclaw0053 and id is 1 raw text is: The Practical Lawyer volume 53 I number 1 I february 2007 Best Diversity Practices For Law Firms Mauricio Velasquez and Kelly Burrello 11 A diverse country needs a diverse workforce-and a diverse legal profession. But as clear as the advantages may be, it may not always be clear how to achieve them. Mauricio Velasquez and Kelly Burrello outline the generic best practices for law firms to follow, the role of the law firm diversity manager, successful diversity initiatives of specific law firms, and provide a list of the factors that can impede even the most energetic diversity plan. Do You Need A Chief Privacy Officer? Steven C. Bennett 17 There is no question that businesses need to be mindful of privacy matters, whether they relate to customer information or intellectual property. The question is whether it makes sense for a business to have a full-time employee-a Chief Privacy Officer (CPO)-to oversee privacy-related policies and questions. In this article, Steven C. Bennett explains what a CPO can do, alternatives to having a full-time CPO, and the advantages inherent in establishing comprehensive privacy and data security practices. Hot Issues In M&A And Corporate Transactions Fran~oise Gilbert 21 A small misstep can scuttle a very big deal, and this is no more apparent than in the realm of M&A practice. Francoise Gilbert discusses the fallout from the Datran Media case in New York and describes the kinds of transaction due diligence that should always attend transfers of personally identifiable information. Celebrity Endorsement Agreements: Contracting With The Stars Joshua Stein 25 There is nothing new about using a celebrity endorsement to sell anything that people might buy-including real estate. But negotiating the endorsement contract can be tricky, so Joshua Stein provides a list of tips for doing it right. Among the factors that the author discusses are the nature of the product endorsed, the duration of the agreement, compensation, performances, exclusivity, and infringement, with special attention given to special responsibilities To purchase the online version of this issue, go to www.ali-aba.org and click on Articles and Forms Online' Back issues, individual articles, and forms are also available there. that the celebrity might have as part of the endorsement arrangement. Boomer-Esqs: Another Wrinkle On How To Practice Law? Madge S. Thorsen 33 A growing number of attorneys reaching the traditional retirement age have no intention of dropping out of the race-they just want to ease off the throttle a bit. In this article, Madge S. Thorsen explores the variety of non- traditional avenues that attorneys can take at this career juncture, how they have their roots in familiarcontract lawyering practices, the advantages for solo and small firms in engaging the services of experienced part-time or consulting attorneys, and how these attorneys can find a niche with larger firms and business clients. The Nuts and Bolts Of Family-Based Immigration (Part 2) Laura L. Lichter 39 Continuing with an overview of the family-based immigration system, Laura L. Lichter discusses visas for certain beneficiaries of Family Preference 2A, K-3/4 visas for spouses of U.S. citizens and their dependents, issues related to marriage and children, self-petitioning for battered immigrants, and public charge issues. Venture Capital Financing In the United States And Canada (Part 1) Fred Tannenbaum and David Chaiton 53 At least as noteworthy as the differences between U.S. and Canadian venture capital transactions are the similarities. Fred Tannenbaum and David Chaiton provide a wide overview of U.S. and Canadian venture capital practices as they relate to the major structural components of venture capital financing (liquidation preferences, dilution protection, governance, exit strategies, and new opportunities) and discuss the key needs of the venture capital investor in both nations. The Grammatical Lawyer 5 The Law of the Lawyer 7 The Web-Wise Lawyer 9

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