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The text provides a wide-ranging account of in-house law practice, and serves as a valuable resource for many audiences 鈥� law students, in-house counsel, those who are contemplating going in-house, and even outside lawyers. Relying on their collective decades of practical and academic experience, the authors offer key insights into such important topics as successful strategies that in-house counsel can implement, interfacing with 鈥渋nternal clients,鈥� working with outside counsel, the focus on 鈥減reventative鈥� law, the skill sets that are valued by corporate counsel, and the steps that an outside lawyer or recent graduate can take to obtain an in-house position.

This edition contains a new chapter on insider trading, with a focus on enforcement proceedings against inside counsel, as well as a chapter on research tools for in-house law practice. For the first time, the book includes a section on cultural intelligence as a necessary foundational skill for in-house lawyers. (Recent changes to the American Bar Association鈥檚 (ABA) accreditation standards require schools to provide education to law students on bias, cross-cultural competency, and racism in the context of field placements.) Subjects focusing on in-house counsel's role in the enterprise, interfacing with the many constituents within the company, the benefits and disadvantages of serving as in-house counsel as compared to outside counsel, and the criteria that makes an outside law firm attractive to in-house counsel are updated and explored.