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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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