Archive for the ‘Quote of the Day’ Category

Quote of the Day: E-mails and Bar Conversation

Tuesday, November 13th, 2007

People send e-mails as though they were having conversations with someone in a bar R. Scott Meece, global general counsel, senior vice president and secretary of CIBA Vision Corp  as quoted by the Fulton County Daily Report

The casual nature of e-mail banter is often a rich source of troublesome evidence.  To make matters even worse, forensic software can now be used to show edits that were made to the e-mails and reveal thought processes.  It thereby takes evidence to a new level.

Of course an e-mail, like any other business document, does not become “evidence” until there is a threat of litigation or until an actual suit has been filed.  Make sure your documents tell a story your company can be proud of by applying the 12 rules for avoiding smoking guns

In this day and age of electronic discovery where outsiders are able to scruitinize what you write and how you think thoughtful communications are more important than ever.

QUOTE OF THE DAY: World Bank Lessons

Monday, May 21st, 2007

“I think it was a case of blind arrogance.”

 Former World Bank General Counsel Roberto Danino on the Paul Wolfowitz scandal
Danino’s no holds barred interview with Corporate Counsel recounts how Wolfowitz did an end run around the general counsel to avoid advice he didn’t like.  After Wolfowitz disagreed with Danino’s initial advice he took the matter to the bank’s three-member ethics committee.  After that, Wolfowitz sought contract review from outside counsel.  Through forum shopping and selective disclosures he ultimately achieved the result he wanted: a fat compensation package for Shaha Riza, the World Bank’s Middle East specialist and his girlfriend.

It reminds me of what Enron’s Ken lay did after Sherron Watkins confronted him about her fear of an accounting scandal at Enron.  Lay agreed to have outside counsel at Vinson & Elkins look into the matter, and he did.  But to help engineer the desired result he instructed counsel not to challenge Arthur Anderson’s conclusions.  It was another “I know better than you” decision that ended badly.

LESSON #1: Selective disclosures compromise the independent judgment of counsel and lead to Swiss cheese legal opinions that offer little protection when the sauce hits the fan.

LESSON #2:  Doggedly pursuing an end result with an “ends justify the means” attitude can blind smart people to important information and typically drives costs much higher than expected.