Are you corporate counsel based in Illinois? Are you admitted to
the Illinois bar? If not, are you complying with Supreme Court Rule
716? If not, now is the time for you to act!
The Illinois Supreme Court requires all in-house counsel based
in Illinois who are not Illinois-licensed attorneys, to follow
Supreme Court Rule 716 and possess a limited law license. This
requires in-house counsel to pay an annual registration fee, pass a
background check, submit to the disciplinary authority of the
Illinois ARDC, meet the CLE requirements imposed on all practicing
lawyers, and be in good disciplinary standing before the highest
court of every jurisdiction in which that counsel is admitted.
In-house lawyers coming from other jurisdictions may be unaware
of this rule, and fail to timely apply for a limited law license.
Acknowledging that problem, the Illinois Supreme Court has
instituted a one year amnesty program, which allows in-house
counsel to apply for a limited law license without facing
discipline for practicing law unlicensed in Illinois after failing
to timely apply. In-house counsel who apply for a limited law
license in the year 2014 must comply with the requirements of Rule
716, but will not face prosecution or discipline for unauthorized
practice of law in Illinois prior to counsel's application.
In addition, during this amnesty period, new applications will
not have to pay in arrears for licensing fees or make up CLE
credits. Furthermore, attorneys who have practiced with in-house
counsel now seeking amnesty will not be investigated by the ARDC
for his or her connection with the in-house counsel's failure
to procure a limited law license. However, the amnesty program is
not completely painless: in addition to the usual application fee
of $1,250 required under Rule 716, attorneys filing under the
amnesty program must also pay a late registration penalty of an
Why is this so crucial? Failure to apply for a limited law
license not only exposes you to a prosecution for unlicensed law
practice, but can expose your client's privileged documents as
well. In Gucci America, Inc. v. Guess?, Inc., a magistrate judge
ordered privileged documents be produced because Gucci's
in-house counsel had not maintained a valid law license. (No. 09
Civ. 4373), 2010 WL 2720079 (S.D.N.Y. June 29, 2010). Ultimately
the district judge overturned the ruling, but not without costly
litigation. (No. 09 Civ. 4373), 2011 WL 9375 (S.D.N.Y. Jan. 3,
2011). That is not a risk you or your client wants to take.
The amnesty program runs throughout 2014. If you have any
questions, your Dentons team is happy to assist in navigating Rule
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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The AMIC (Moroccan Association of Capital Investors) federates, represents and promotes the Capital Investment sector to institutional investors, entrepreneurs and public bodies in Morocco and globally. It is one of the major business associations in the country and stands out as a prominent promoter of entrepreneurship in Morocco.
Patrick Larrivé will introduce the latest legal and tax issues of the past year then moderate the Capital Investment panel. Jean-Luc Bédos will later intervene on a panel entitled African issues and deals.
The conference features the presence of key African players, including former Benin Prime Minister Lionel Zinsou and representatives of law firms, investment funds and public bodies.
For decades, multinational corporations have been organizing their corporate structures to minimize their aggregate tax liabilities around the world. They achieved this by booking their income in low tax regimes, and they arbitraged differences in tax rules in different jurisdictions to minimize their tax liabilities in all jurisdictions.
In recent years, governments around the world, not only in the OECD but also in Asia, have increasingly been taking steps to curb such tax planning. In some cases, foreign authorities have also focused on the role that Singapore plays in such tax planning.
The discussion, moderated by the Chicago Bar Foundation (CBF), will feature Allstate GC Susie Lees, Dentons Pro Bono Partner Ben Weinberg, and Allstate/Dentons Criminal Records Fellow Nikki Donnelly from Cabrini Green Legal Aid. The panel, part of the CBF's ongoing Leadership Circle program, will focus on the ongoing Allstate/Dentons Pro Bono clemency project and best practices that can be applied by in-house departments and law firms to address serious needs in the community.
On November 9, 2016 Andrew Liazos presented at the New York City Bar. He discussed innovative approaches used by public companies during the 2016 proxy season for disclosing executive compensation practices.
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