Inside Business Law

Effective practice of business law requires both an understanding of other areas of the law implicating one’s specialty and collaboration with other business professionals to facilitate and guide a client’s objectives. Several committees within the Business Law Section incorporate reaching across the boundaries of the ABA Section to collaborate with other sections or cooperation with an entirely separate profession into their mission. 

The Taxation Committee: 

The mission of the Taxation Committee is to help business lawyers gain a basic understanding of the important tax issues that inevitably arise in their practices. The Committee seeks to act as a bridge between tax law and business law, and to increase communication about tax issues among the various committees of the Business Law Section, and between the Business Law Section and the Tax Section. 

The Taxation Committee is chaired by Michael J. Kliegman, who can be reached at michael.kliegman@us.pwc.com. 

The Dispute Resolution Committee: 

The mission of the Dispute Resolution Committee is to aid business lawyers in understanding and using alternative dispute resolution processes. The goals of the Committee are to focus on education for Section members, to encourage interaction between corporate legal departments and private law firms in the development of dispute resolution options relevant to the business needs of clients, and to foster continuing liaison and collaborative efforts with other sections and other committees within the Business Law Section. 

To that end, the Committee works closely with ADR subcommittees within the Business Law Section, as well as the Dispute Resolution Section of the ABA, to ensure that business lawyers have the most current information on dispute resolution at their disposal. Among other resources, the Dispute Resolution Committee maintains a guide to drafting dispute resolution clauses within contracts. 

F. Peter Phillips is the Chair of the Dispute Resolution Committee and can be reached at peter.phillips@businessconflictmanagement.com

The Audit Responses Committee: 

The mission of the Audit Responses Committee is to be a resource concerning lawyers’ responses to auditor inquiries and related financial reporting and disclosure issues, focusing on implementation of the “treaty” reached with accountants in the ABA Statement of Policy regarding audit responses. 

To that end, the Committee provides guidance in responses to auditor requests in light of the treaty and the importance of protecting privileged communications. 

Thomas W. White is the chairman of the Audit Responses Committee. He can be reached at thomas.white@wilmerhale.com.

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Question: Can you name the only non-United States–based attorney to be named as a Chair of the American Bar Association Business Law Section?
Question: Second only to Paris, which city is the second largest French speaking city in the world?

Please see Inside Business Law for the answer to this month’s Business Law Section Trivia Questions.

Cyberspace Law—and its many subject areas—will be the focus of the May 2016 issue of Business Law Today. Topics include practical strategies for developing a cyber-incident plan; cybersecurity considerations for franchisors; and even the impact of driverless cars. The May issue also marks the beginning of a three-piece series on commercial contracts. An exciting issue on many fronts!

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Business Law Section Annual Meeting
September 8-10, 2016
Boston, MA

Miscellaneous IT Related Legal News (MIRLN) 27 March - 16 April 2016 (v19.06)

BLT is a web-based publication drawing upon the best of the Section's resources, including featured articles and other information from around the Section. Stay informed on the latest business law practice news and information that will benefit you and your clients.