O'Reilly logo

The AMA Handbook of Due Diligence by Andrew J. Sherman, William M. Crilly

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

TREND IN LEGAL DEPARTMENT STAFFING
ENTITY Form 17-15
489
REF.
PREPARED BY REVIEWED BY
REVISION DATE SECTION PAGE
TREND IN BEGINNING OF YEAR STAFFING LEVELS
POSITION 20 20 20 20 20
Administrative Staff
Professional Legal Personnel
Paralegal Personnel
Secretarial/Clerical
Total Legal Department
FUTURE STAFFING PLANS
What are the current plans for changes in the near term (i.e., next 12 months) staffing level?
[ ] Maintain the current level. [ ] Increase by ____ . [ ] Decrease by ____ .
OUTSIDE LEGAL SERVICES
Does the entity employ outside legal counsel? If so, please provide the following information.
LAW FIRM LEAD ATTORNEY AREA IN WHICH USED
(1)
BILLINGS FOR MOST
RECENT TWELVE
MONTHS (2)
$
Notes: (1) Examples: litigation, taxation, security offerings, mergers, etc.
(2) Twelve months ending ___________________ .
TREND IN LEGAL DEPARTMENT EXPENSES
ENTITY Form 17-16
REF.
PREPARED BY REVIEWED BY
REVISION DATE SECTION PAGE
490
EXPENSE CATEGORY 20 20 20 20 YTD
(Thousands Of Dollars)
Payroll Expense
Administrative Staff
Professional Legal Personnel
Paralegal Personnel
Secretarial/Clerical
$ $ $ $
Total Payroll Expense $ $ $ $
Payroll Related Expense
Total Payroll & Related Expense $ $ $ $
Nonpayroll Expenses
Outside Services - Legal $ $ $ $
Other
Total Legal Department Expense $ $ $ $
Change From Previous Year % % % %
As A Percent Of Revenues % % % %
LEGAL ACTIVITIES INFORMATION REQUEST
ENTITY Form 17-17
491
REF.
PREPARED BY REVIEWED BY
REVISION DATE SECTION PAGE
ITEM PERIOD REQUESTED DATE
RECEIVED
Organization Chart(s) Current
Job Descriptions Of Key Positions Current
Resumes Of Key Personnel Current
Employment Agreements Current
Legal Policies And Procedures Manual Current
Status Reports On Existing And Potential Litigation Current
Opinions Of Counsel Regarding Litigation Current
Patents, Copyrights And Trade Marks Existing And Pending
Licensing Agreements Existing
Regulatory Actions Last Five Years
Officer And Director Disclosure Statements Most Recent
AVAILABLE FOR REVIEW
Litigation Files Current And Potential Litigation
SUMMARY OF OBSERVATIONS REGARDING LEGAL ACTIVITIES
ENTITY Form 17-18
REF.
PREPARED BY REVIEWED BY
REVISION DATE SECTION PAGE
492
ITEM EXCELLENT GOOD FAIR POOR NOTES
Organization
Management
Quality
Effectiveness
Staffing Level
Base Salary Levels
Incentive Programs
Legal Policies And Procedures
Litigation Activities Where Entity Is
Plaintiff
Litigation Activities Where Entity Is
Defendant
Effectiveness In Heading Off Litigation
Handling Of Regulatory Matters
Internal Communication Of Legal
Requirements
Quality Of Outside Legal Counsel
Cost-Effectiveness Of Outside Legal
Counsel
Relationship With Outside Counsel
Notes: (1)
SUMMARY OF MAJOR LEGAL STRENGTHS AND WEAKNESSES
ENTITY Form 17-19
493
REF.
PREPARED BY REVIEWED BY
REVISION DATE SECTION PAGE
MAJOR LEGAL STRENGTHS
STRENGTHS HOW TO CAPITALIZE ON THE STRENGTHS
MAJOR LEGAL WEAKNESSES
WEAKNESSES HOW TO OVERCOME THE WEAKNESSES

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required